National auction house, John Pye & Sons Ltd, has been appointed by the Joint Liquidators of Rabeys Commercial Vehicles to manage the sale of vehicles and assets from the Channels Islands fleet firm.
Guernsey-based Rabeys Garage Limited (in liquidation), which has offered fleet leasing, new and used vehicles, servicing and fleet maintenance for over 40 years, appointed Joint Liquidators Interpath Advisory and KPMG on 4th April, to manage the winding up of the business.
The Joint Liquidators have since appointed John Pye Auctions to put stock and owned assets up for sale via online auction from Monday, 24th April.
Everything from vehicles, tools, garage plant and equipment will be included in the online auction. Over 300 items spanning commercial vehicles such as 2022 Fiat Doblo Cargo 1.6 multijet vans, 2023 Renault traffic vans and 2022 Renault trucks and a Renault Truck 29 Low Loader will be included in lots. Garage equipment will include Stertil Koni Column Lifts, a range of Axel Stands and Trolly Jacks, Sealey Repair Kits as well as selected Hand Tools.
Ben Ernstzen, Business Assets Valuer at John Pye, commented: “John Pye Auctions is always sorry to see a long-established business facing this situation. Rabeys has a great reputation in Guernsey and we’ll do our best to secure the best value we can.”
Trevor Palethorpe, Joint Head of John Pye Business & Property added: “We have the systems and knowledge in place to ensure we can sell the Rabeys’ stock with the highest level of efficiency through our online network. Our UK-wide footprint of close to 1,000,000 sq ft of sale space and a nationwide workforce of over 700 staff ensures we can handle the largest of insolvency cases.”
Stock will be available online from Monday 24th April, with viewing available on Tuesday 2nd May, from 10:00am to 4:00pm at Rabeys Commercial Vehicles, Guernsey.