--- title: "Rising Sun Farm - Community Letting Opportunity" ocid: "ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459.json" source: "Contracts Finder" current_stage: "Tender" buyer: "NORTH TYNESIDE COUNCIL" published: "2024-08-12" --- # Rising Sun Farm - Community Letting Opportunity Buyer: NORTH TYNESIDE COUNCIL Current stage: Tender OCID: ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459 [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459.json) ## Summary The North Tyneside Council is seeking a long-term operator for Rising Sun Farm through a competitive procedure with negotiation, classified under the industry category "Real estate agency services on a fee or contract basis" (CPV code 70300000). The procurement stage is currently in the Tender phase. The successful bidder will enter into a 40-year Lease and Management Agreement, taking full responsibility for the maintenance of farm buildings and farmland, along with financial outgoings. The tender period closes on 16th September 2024, with the contract scheduled to commence on 2nd December 2024 and end on 1st December 2064. The property is located at NE28 9JL and the opportunity extends to numerous regions including British Overseas Territories, Channel Islands, Europe, Isle of Man, the Rest of the World, and the United Kingdom. This tender represents a significant opportunity for businesses with expertise in real estate management and agricultural property maintenance to expand their portfolio over an extended period. Ideal candidates are entities capable of managing large-scale property operations and financial responsibilities. The selective procurement method ensures a competitive environment, encouraging capable organisations to propose innovative and sustainable management solutions. Businesses with capabilities in long-term property leasing and management are particularly well-suited to compete for this contract, given the scale and duration involved. ## Notice The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm. Additional information: The Authority requires a long-term operator to enter into a Lease and Management Authority of 40 years, for the property of Rising Sun Farm. The successful Tenderer will enter into the Lease and Management Agreement and take full responsibility for the maintenance of all farm buildings and farmland and all financial outgoings for Rising Sun Farm. The successful Tenderer will have regard to the existing occupational interests of Rising Sun Farm. The rental income from the existing occupational interests will assist with the outgoings of Rising Sun Farm. The full detail's of the award criteria are included in the Tender Documents The Tender documentation is available to access and download immediately once organisations have registered their interest in this opportunity ONLY via the ProContract electronic Tendering Portal, the link to the, website is provided further below The link to North Tyneside Councils Tender opportunities is:- Interested bidders must access the Tender documents for further information, which are available to download immediately in the NEPO Portal after registering an interest via the link below. Unregistered bidders will be redirected to a registration page, registration is free. ## Key Details | Field | Value | | --- | --- | | Publication source | Contracts Finder | | Latest notice | https://www.contractsfinder.service.gov.uk/Notice/842e6521-f9e7-438d-b513-610944e6e697 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Selective | | Procurement method details | Competitive procedure with negotiation (above threshold) | | Tender suitability | Not specified | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 12 Aug 2024 | | Submission deadline | 16 Sep 2024 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 2 Dec 2024 - 1 Dec 2064 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £3,600,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | Contracts status | Not specified | ## Buyer | Field | Value | | --- | --- | | Main buyer | NORTH TYNESIDE COUNCIL | | Locality | NORTH TYNESIDE | | Post town | Newcastle upon Tyne | | Postcode | NE27 0BY | | Country | England | | ITL 1 | TLC North East (England) | | ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear | | ITL 3 | TLC43 Tyneside | | Local authority | North Tyneside | | Electoral ward | Shiremoor | | Westminster constituency | Cramlington and Killingworth | | Delivery location | Not specified | ## CPV Codes ### Divisions - 70 - Real estate services ### Codes - 70300000 - Real estate agency services on a fee or contract basis ## Release History - 12 Aug 2024 at 15:02 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/842e6521-f9e7-438d-b513-610944e6e697 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/842e6521-f9e7-438d-b513-610944e6e697 12th August 2024 - Opportunity notice on Contracts Finder - http://https://my.northtyneside.gov.uk/category/606/tender-and-contract-opportunities Additional Information - http://https://procontract.due-north.com/Opportunities/Index?resetFilter=True&applyFilter=True&p=1c9e782c-541e-e611-8114-000c29c9ba21&v=1 Additional Information ## Notice URLs - http://www.northtyneside.gov.uk/ ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-1549aed4-d7bc-4403-8781-3d38e8096459.json.