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Austen Shakespeare

Rising Sun Farm in Wallsend needs new leaseholder after management company filed for insolvency

New leaseholders are being sought to run the Rising Sun Farm in Wallsend .

A company associated with the Rising Sun Farm Trust charity, similarly named the Rising Sun Farm Trading Company, filed for insolvency on October 12 2022. Following this, the charity relinquished its lease to North Tyneside Council and the local authority has recently announced it is looking for a new leaseholder for the farm.

Mark Longstaff, director of commissioning and asset management at North Tyneside Council, said: “North Tyneside Council has worked closely with the existing board from the Rising Sun Farm. The trust has made the decision to surrender the lease back to the council and to dissolve the current trust arrangements.

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