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Estate Management
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Descriptions
This procurement is being run by First Rail Holdings on behalf of First Trenitalia West Coast Rail. To drive and deliver higher rental income return through: increasing the rent roll customer service improvements through capital and tenant investment The estate comprises of 16 directly managed stations and encompasses all property within the leases. This includes station buildings, car parks, and other land and property. The properties provide a broad mix of retail, office, residential, community, and other commercial tenancies held on a mixture of leases and licences. The management of station car parking and commercial advertising is not included as part of this procurement strategy. The new contract will be for an initial 3-year term with an option to extend for a further year. The estate is currently generating a rental income of approximately £4.7m. It is estimated that a new contract value will be in the region of £1,100,000 for a full 4-year term. Please note that TUPE applies to this procurement. The successful Supplier will be required to enter an Umbrella Direct Agreement (UDA) with the Secretary of State.
Timeline
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Tender Regions
CPV Codes
55900000 - Retail trade services
70000000 - Real estate services
Keywords
realty services
store retail provision
on-site sales operations
inventory sales support
property services
real estate solutions
point-of-sale service
real estate facilitation
shop service operations
property portfolio
real estate management
property sector services
retail outlet management
retail commerce services
estate consultancy
asset property services
merchandise transaction facilitation
land and building services
customer retail interfaces
brick and mortar sales support
Tender Lot Details & Award Criteria
1 Tender Lots
Workflows
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