Procurement Summary
Country : United Kingdom
Summary : Rushmoor Borough Council - Union Yard - Polden Studios Purpose Built Student Accommodation - Property Management Services
Deadline : 07 May 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 99654690
Document Ref. No. : DN717740
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : GBP 3550000.00
Purchaser's Detail
Purchaser : RUSHMOOR BOROUGH COUNCIL
Rushmoor Borough CouncilFarnboroughHampshireGU14 7JUUnited Kingdom
Contact Name :Kathryn Fairbrother
Telephone :023 9260 6184
Email :Kathryn.Fairbrother@portsmouthcc.gov.uk
United Kingdom
Email :Kathryn.Fairbrother@portsmouthcc.gov.uk
Tender Details
Rushmoor Borough Council - Union Yard - Polden Studios Purpose Built Student Accommodation - Property Management Services
Rushmoor Borough Council ('the Council') is inviting tenders from suitably qualified and experienced suppliers for the management of a new build 128-bedroom student accommodation development, Polden Studios, located within Aldershot, Hampshire. The accommodation is split into eighteen clusters comprising six to eight bedrooms, each with en-suite.
Polden Studios forms part of the wider Union Yard development scheme comprising a mix of residential apartments and new commercial floorspace. The scheme is currently under construction and is due for completion in July 2024. The Polden Studios development will open from the 13th September 2024 and will provide accommodation to students studying at the University of the Creative Arts (the 'University') in Farnham.
The Council has entered into a Nominations agreement with the University which will provide exclusive access to the accommodation for University's students. The successful supplier will be appointed via a property management agreement on a management fee basis whereby occupancy risk for take up of the accommodation is held by the University. The supplier will be paid an agreed management fee for delivery of the required services plus, in order to drive performance & efficiency, an agreed % of the net operating income.
The detailed service requirements that the supplier w...
Documents
Tender Notice