Operator for Colne Market and Food Court

Description

Pendle Borough Council is seeking to appoint a new operator of Colne Market Hall by way of granting a full internal repair and maintenance lease for a period of 15 years.
The operator must possess and evidence the following attributes:
• A strong track record in the successful operation of markets and food courts in a similar setting, which include programmes of events and proactively providing business support to traders and vendors.
• Evidence of working proactively in collaboration and partnership with other private and public stakeholders with resulting mutual benefits, measured through regeneration of the general location and/or revitalising and increasing trade and visitor numbers.
• A strong balance sheet and financial accounts demonstrating a viable and long-term profitable enterprise that can take on the long-term lease of the Market Hall.
• A compelling and financially sustainable, high-level Business Plan for Colne Market, to include a defined level of up-front investment into the set-up and operation of the Market Hall.