London & South
The London & South team have been busy dealing with a number of high profile valuation and disposal instructions covering both property and machinery & equipment across a variety of sectors. In particular we have been involved with a number of restaurant chains, part completed residential developments, and various online auction sales. Detailed below are a few examples:
| Restaurant Chains | ||
| Carluccio’s Limited | Chiquito Limited | Food & Fuel Limited |
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| Working with our specialist Retail teams in Belfast and London , advising the Administrators on the property portfolio including negotiating with landlords and disposing of fully fitted leasehold interests. |
Instructed by the Administrators, we provided valuation and disposal advice in respect of assets held by the two companies, comprising the chain of 81 mexican restaurants, and a chain of 11 well known gastro pubs in London. We have successfully transacted a number of fully fitted leasehold units through the lockdown period at significant lease premiums. |
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Additional restaurant instructions include advising on a chain of 20 Burger King franchises and 10 Pizza Hut franchises. |
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| Part Completed Residential Developments – In Excess of 2,000 units | ||
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Marketing a development of 381 units known as The Tannery in Liverpool. |
Currently marketing a part completed development of 18 town houses in Woolwich on behalf of Fixed Charge Receivers. |
Acting for Administrators on certain Elliot Group companies providing valuation and agency advice on 3 part completed fractional residential and student hall developments totalling 1,726 units in Manchester and Liverpool.
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| Online Auctions | |||
| JD Norman Lydney Limited |
Fresh Fruit Distribution Ltd |
Lombok Furniture | Beautiful World of Tents |
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A major auction of the assets of a camshaft manufacturer for the automotive industry, to be held in October, comprising a foundry and finishing machinery.
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A sale of a haulage fleet attracting over 150 bidders with realisations in the order of £250,000. Also disposing of the freehold yard.
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The contents of the Tottenham Court Road store comprising high quality eastern influenced furniture and home ware . In excess of 400 bidders and a hammer price of £80,000, with various items selling above RRP. |
Event equipment including tipi tents attracting in excess of 325 buyers and a total hammer price of £225,000. |
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