Services furnished by social membership organisations

Tender description

The establishment and operation of a Social Supermarket in the Eric Allin Centre located in the Kenneth Robbins House, Northumberland Park Estate Tottenham. The scheme will provide a range of support services including a personal development programme to members of the Supermarket and provide retail opportunities to members with an emphasis of providing healthy food options. The scheme will require the provision and operation of a café as part of the Supermarket. The Greater London Authority and Haringey Council will make a contribution towards the capital cost of refurbishing and equipping the Supermarket to the maximum of 100 000 GBP and 85 000 GBP respectively. The operator will provide additional capital or operational funding for the length of contract and will be responsible for contract for refurbishment works and fit-out. Proposals will need to show a financially self-sufficient and sustainable scheme. The operator will be required to enter a payable commercial lease. The estimated value of the potential turnover of the retail aspects of the Social Supermarket is in the region of 425 000 GBP per annum. However, potential returns will depend of many variable commercial factors including the performance of the operator in generating retail sales. The Council would encourage an operating model which involves reinvestment into the Social Supermarket. The estimated value below is in respect of the potential value of the potential turnover of retail aspects of the social supermarket; the value of the capital contributions towards the refurbishment and fit-out; combined with the value of the estimated market rent discount under the proposed lease. The figures above are speculative projections and bidders should seek independent legal and commercial advice in relation to the potential value of the opportunity.