Auctioneer Michael Miller and his partner, David Cooper, are planning to auction off their Woodbridge auto-auctioneers.
They plan to buy the former Woodbridge Motor Vehicle Auctioneers office in the City of Woodbridge for $2,280,000 (£1,800,000).
They want to use the office as their headquarters, and will take over the auctioneer’s office in September.
“The office will become our new headquarters for the auction,” Miller told the Register.
“We will be selling off the car lots and we’ll take over all the auctions.”
Miller and Cooper’s bid is still subject to the approval of Woodford and Woodbridge Landscaping.
They also plan to lease the former building, which is currently being renovated, for $25,000 a month.
“It is a very unique opportunity for the property, the space and the people that have been involved,” said Cooper.
“They’re very experienced people who have worked in this space for many years.”
Miller is also planning to buy some of the properties for a future auction.
He told the paper that he and Cooper are planning a lot of work to improve the site and the properties surrounding it.
“I’ll be working hard on that as well,” he said.