Building and facilities management services

Description

Royal Holloway and Bedford New College (the ‘University’) is acquiring Rusham Park, a commercial investment property adjacent to its existing estate. In the medium term the property will be leased, initially to the existing owner-occupiers on effective full repairing and insuring terms (subject to the actual lease terms), but where the estate common areas will be managed by the successful bidder, on behalf the University (as landlord). Most of the common areas are external spaces, including a multi-level car park, but there is some common hot water boiler plant, and a canteen facility for employees of the tenants on site. The value of the services to be provided is envisaged to be approximately 1 200 000 GBP per annum. A single combined landlord's property and facilities management service is required for this contract.