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Provision of Letting Agent for Kings & Queens Square Letting Agent

Sandwell Metropolitan Borough Council

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This tender is for a supplier to undertake rent reviews, lease renewals, lease re-gearing and any other lease events in respect of the Council's commercial property estate (excluding retail). Additionally, the Supplier will be required to undertake the marketing and associated...

Buyer
Herefordshire Council
Location
Hereford
Deadline
Closes 26 Oct 2026
Value
£450k

Key dates and value

Status
Closed
Submission deadline
3 Jul 2026
Published
26 May 2026
Estimated value
£50k
Contract start
1 Aug 2026
Contract end
31 Jul 2028
Location
Oldbury, West Midlands
Notice type
UK4
Buyer type
Local Authority

Overview

Sandwell Metropolitan Borough Council is seeking to appoint a bespoke local letting agent to market retail availability at both Kings Square and Queens Square Shopping Centres in West Bromwich town centre. The appointment will commence on 1 August 2026 for a two-year period. The successful agent will be able to evidence a proven track record of marketing town centre shopping centre lettings within the West Midlands and will work alongside the council's appointed property management agent. The core responsibilities of the letting agent will be to advise the council on value and marketability of void units, formulate a comprehensive marketing strategy and advertise as appropriate. Upon receipt of an offer of rent, the letting agent will negotiate and agree formal Heads of Terms for the new lease. The letting agent will also negotiate and agree formal Heads of Terms for lease renewals.

CPV codes

  • 70300000 Real estate agency services on a fee or contract basis

About the buyer

Sandwell Metropolitan Borough Council has published 75 tender notices since 27 Oct 2023, with a combined advertised value of £96.5m. 12 of them are currently open.

How to apply

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View the original notice on Find a Tender

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Source: Find a Tender. Contains public sector information licensed under the Open Government Licence v3.0. Details may change; always check the original notice before bidding.