Auction business wins contract with city council
Bond Wolfe Auctions has won the contract to handle the disposal of Birmingham City Council’s surplus property and land assets.
The appointment will result in a number of lots being offered at auction with many already confirmed for a sale on May 9, including a detached house in Erdington and a parcel of land in Sparkbrook.
There are a range of properties that the city council regularly disposes of, ranging from office blocks to former neighbourhood offices, and former educational facilities to development sites.
Gurpreet Bassi, chief executive of Bond Wolfe Auctions, said: “This is a huge achievement for us and we are extremely proud to be able to represent Birmingham City Council as most of our team have deep roots in the city dating back generations.
“While we are a new business, our staff have over 250 years’ of combined experience in selling residential and commercial property and it is a major endorsement to have Birmingham City Council, the largest local authority in Europe, working with us.”
Managing director Ian Tudor added: “Everyone at Bond Wolfe Auctions is delighted at winning this contract and we will ensure that we get the maximum value possible for Birmingham and its tax payers.”
The new contract comes just weeks after Bond Wolfe Auctions raised £16.7m in its first auction in Birmingham at Villa Park.
Bond Wolfe Auctions was launched in early 2019 by chief executive Gurpreet Bassi and managing director Ian Tudor who previously were the heads of residential and commercial auctions respectively at the Bigwood auctions business.
