Provision of Residential and Commercial Property Auctioneer Services for Derby City Council

About

Derby City Council awarded a contract to Graham Penny Auctions for the supply of residential and commercial property auctioneer services to dispose of land and property in the City of Derby.

The appointed agent is required to provide property auction services for the disposal of land and property, mostly residential dwellings and smaller vacant sites in residential areas, with opportunities to dispose of commercial/non-domestic land and property.

The agent should offer property auction services and the option to occasionally dispose of land and property by private treaty or tender.

The agent is required to professionally market and dispose of land and property to maximise exposure and buyer interest, including advertising in relevant local sales offices with at least one prominent office in Derby and provision of a good quality auction venue in Derby.

The initial contract period is two years, from 12 March 2015 to 11 March 2017, with an option to extend for three years in annual increments, subject to satisfactory performance and business needs, for a maximum contract period of five years.

The contract value is £45,000.