Tender for Professional Estate Agency Services Relating to Herefordshire Council's Retail Property Estate

Description

This tender is to appoint an agent to undertake rent reviews, lease renewals, and lease re-gearing negotiations of let premises, alongside the marketing and associated letting of vacant premises across Herefordshire Council’s portfolio of approximately 50 retail properties. This contract will be for an initial term of 36 months with an option to extend for up to an additional 24 months. Lot 1: This tender is to appoint an agent to undertake rent reviews, lease renewals, and lease re-gearing negotiations of let premises, alongside the marketing and associated letting of vacant premises across Herefordshire Council’s portfolio of approximately 50 retail properties. Through this contract, the council will be able to call off individual packages of work up to a maximum total value of £200,000 over the full life of the contract, including any extensions. This contract will be for an initial term of 36 months with an option to extend for up to an additional 24 months. This open tender is being carried out under the Public Contracts Regulations 2015.