RFP QuestBeta
Awarded · ResultStage · contract

Amber Valley Borough Council

Expressions of Interest for Ongoing Commercial Property Search, Assessment and Acquisition

Real EstateCPV 70000000
ValueValue not published
Awarded8 Jan 2021
Published17 Dec 2020
RegionNationwide
Outcome — awarded

This is a contract result notice, not an open opportunity. Details from the official award data.

The brief

Amber Valley Borough Council is seeking Expressions of Interest from suitably qualified and experienced commercial property consultancies to operate on a commission only basis to locate and advise on the acquisition of suitable commercial premises, to support the continued economic growth of Amber Valley, whilst providing market level yields of income to ensure a return on investment.

The appointed company must be able to demonstrate a successful track record in supporting local authorities in similar circumstances, and must have well established links to local and national property agents, investors and developers.

The appointed company will be required to locate suitable properties within the boundaries of Amber Valley prior to entry on the open market, using established contacts and provide a detailed analysis of the opportunity and a recommendation, to include areas such as: Purchase Price Current tenant circumstances Yield Location and market conditions Length of remaining leases Building and infrastructure condition Payment will be on a commission only basis as a fixed percentage of the purchase price.

The closing date for Expressions of Interest is 09:00h on 8 January 2021.

It is anticipated that the contract will initially run for a period of 2 years, with the opportunity to extend for up to 2 further years.

To apply for this opportunity please email your expression of interest to: simon.gladwin@ambervalley.gov.uk

Key requirements

What the supplier must deliver

01

The appointed company must be able

The appointed company must be able to demonstrate a successful track record in supporting local authorities in similar circumstances, and must have well established links to local and national property agents, investors and developers.

02

The appointed company will be required

The appointed company will be required to locate suitable properties within the boundaries of Amber Valley prior to entry on the open market, using established contacts and provide a detailed analysis of the opportunity and a recommendation, to include areas such as:.

Derived from the notice text — always confirm against the original documents.

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Source & provenance
OCID
a8431d96-58a8-4ccc-92d9-cda148f9a47a
Stage
contract · Contract
Source
Contracts Finder
Buyer ref
AVSG1
View the original notice on Contracts Finder

Contains public sector information licensed under the Open Government Licence v3.0. Source data © Crown copyright.

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