Underwoods win new council contract

Underwoods are delighted to announce that they have secured a new 5 – 7 year major contract with the Borough Council of Wellingborough to strategically manage the Councils substantial portfolio of commercial properties which includes industrial estates, retail shops and offices, land and development opportunities.  Underwoods were involved in a competitive tender process over several months involving the scrutiny of the firms business and its ability to manage such a large contract efficiently and to optimise income for the Council to the benefit of its rates payers.

The contract also includes the facilities management of all the council’s investment properties which further enhances Underwoods reputation as one of the East Midlands leading firm of Commercial Property Surveyors.

Stephen Battersby who led the tender process states “We are delighted to have been awarded not only the contract to supply commercial services to the Borough Council of Wellingborough but in addition to take over the facilities management in an enhanced contract for another 5 – 7 years.  We were involved in a highly competitive tender/bidding process with dozens of leading commercial property firms involved and we look forward to demonstrating our commitment to fulfilling this substantial contract.”  Stephen would like to thank the whole team involved in this significant success and looks forward to delivering value for the Council in the coming years.

Cllr Paul Bell, Leader of the Borough Council of Wellingborough commented:
“We need to make sure we are able to get the best possible returns from council-owned properties and land. This is more important than ever during these tough economic times and we need professional support to make sure we get it right. Underwoods successfully went through an extensive tender process and as a result of this we are confident they are the right company to take on this job. The contract covers everything from making sure the best value rents are achieved, to comprehensive surveying and maintenance arrangements. They will also offer expert advice and guidance to the council to ensure all opportunities are explored. We have an extensive commercial and investment property portfolio and we want to ensure we make the most of these important assets.”

Underwoods are currently offering on behalf of the Borough Council of Wellingborough a range of industrial, retail and office units for which enquiries are most welcome.