Market Management Opportunity - Newton Abbot Market Hall

Tender description

Teignbridge District Council (TDC) invites proposals from suitably qualified and experienced operators to manage the newly redeveloped Newton Abbot Market Hall. This procurement seeks to appoint an operator on a 10-year, Internal Repairing and Insuring (IRI) lease, supplemented by a Management Agreement, to deliver on a defined suite of social, economic, and community Key Performance Indicators (KPIs). This opportunity forms part of TDC's broader commitment to revitalise Newton Abbot town centre, positioning the market as a key anchor for footfall, enterprise, and cultural engagement. The market will blend traditional trading with modern food and beverage offers, community-focused events, and flexible trading spaces to create a vibrant, inclusive environment that supports local economic growth and community wellbeing. ​​The successful operator will play a pivotal role in shaping Newton Abbot Market as a flagship destination within the town centre - a vibrant, dynamic space that drives economic growth, community pride, and cultural life. This is a unique opportunity to partner with the Council in realising an ambitious vision for a market that stands as a beacon of quality, creativity, and local distinctiveness.​​​ Excellence in asset management will be essential, ensuring the market is safe, clean, and accessible to all. Alongside this, the operator will be required to deliver high standards of marketing and promotion, raising the profile of Newton Abbot Market locally and beyond, driving footfall and re-establishing the market as a key anchor for the town. Regular and transparent reporting on agreed KPIs, including social and economic impacts, will underpin a partnership approach between the Council and operator, ensuring that together we deliver lasting value for the town and its communities. This procurement process outlines the requirements, selection criteria, and contractual expectations for prospective operators. TDC is committed to securing an operating partner who shares its vision for a modern, inclusive, and economically resilient market that contributes to the long-term prosperity of Newton Abbot.