Bedgebury and High Lodge Bike Hire Concessions

Tender description

Forestry England has an opportunity for the operation of the Bedgebury and High Lodge Cycle Hire concession leases. The leases will be for a period of up to 10 years and includes a mutual break clause operable at the end of year 5 subject to 12 months’ prior notice. A full copy of the draft leases are available in the tender documents. The total value of the Bedgebury Cycle Hire lease opportunity will be in the region of £4m - £7m. The total value of the High Lodge Cycle Hire lease opportunity will be in the region of £2m - £7m. Lot 1: High Lodge Bike Hire Concession Forestry England has an opportunity for the operation of the High Lodge Bike Hire concession lease. The lease will be for a period of up to 10 years and includes a mutual break clause operable at the end of year 5 subject to 12 months’ prior notice. A full copy of the draft lease is included in the tender documents. The total estimated turnover value of the High Lodge Bike Hire lease opportunity will be in the region of £2m - £7m. The lease will start 1st October 2023. Lot 2: Bedgebury National Pinetum Bike Hire Concession Forestry England has an opportunity for the operation of the Bedgebury National Pinetum Bike Hire concession lease. The lease will be for a period of up to 10 years and includes a mutual break clause operable at the end of year 5 subject to 12 months’ prior notice. A full copy of the draft lease is included in the tender documents. The total estimated turnover value of the Bedgebury National Pinetum Bike Hire lease opportunity will be in the region of £4m - £7m. The lease will start 1st October 2023.