Rising Sun Farm - Community Letting Opportunity

II.1.4 Short Description North Tyneside Council (the "Authority") is conducting a procurement of a long-term operator of Rising Sun Farm, Kings Road, Wallsend ("Rising Sun Farm") in accordance with Regulation 19 of the Concession Contracts Regulations 2016.

The successful operator will manage the land and buildings located at Rising Sun Farm in order to maintain and enhance it as a recreational, leisure and educational hub.

The Authority owns the freehold of the land and buildings located at Rising Sun Farm.

The services anticipated to be provided by the successful operator at Rising Sun Farm by the Authority for this opportunity are summarised below (though full details are set out in the Request to Participate):

At this stage, the above list of services is indicative only and contains the broad categorisation of services rather than particulars. Bidders should assume that the services actually required will broadly be within the scope of services listed above but will also include extensions to related or ancillary services within each categorisation. The actual scope of services required may be narrower than that set out above.

Full details of the Authority's minimum requirements are set out in the Request to Participate.

Income for the operator of Rising Sun Farm is expected to derive from a number of occupational interests that are managed under separate licence agreements, including but not limited to a commercial bakery, a former day care accommodation currently occupied for food production purposes, an operational falconry and a number of liveries consisting of 32 stables currently let to horse owners. For value estimation purposes, the Authority estimates that rental revenue will be £90,000 for the first year of the contract, exclusive of any service charge Further details are contained in Section II.2.4 as well as the preliminary market consultation document available at the address in section I.3 of this Concession Notice.