Purpose

In February 2025, East Herts Council's
Executive decided to explore the disposal of the entire freehold of
Limekiln Place, as part of a wider review of asset disposal.
Following a tender process over May and June, we are now in a
position to award a contract for agency services in relation to the
disposal.
MW East Anglia (trading as Mullocks) submission achieved the
highest score of all bidders during the evaluation process and have
been awarded the contract. The contract value is for 1% of the
overall sale price, with the contractor seeking to achieve the best
price possible for the asset.

Decision

To award a contract to MW East Anglia Ltd
(trading as Mullocks) for agency services in relation to the
disposal of LimeKiln Place in Bishop’s Stortford

Alternative options considered

Option 1 - Award the contract
Option 2 - Award no contract and attempt disposal without agency
services (discounted as we do not have in-house capacity to do
so)