commercial property lambert smith hampton

News - 21/08/2020

London and South Regional News Aug 2020

The London & South team have been busy dealing with a number of high profile instructions across a variety of sectors drawing on our considerable experience of property, machinery and equipment:

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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
 London - Carluccios Logo  London - Chiquito  London - Food and Fuel
 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. 

 

Additional restaurant instructions include advising on a chain of 20 Burger King franchises and 10 Pizza Hut franchises.

 

 Part Completed Residential Developments – In Excess of 2,000 units
Lambert Smith Hampton - MBA - Restructuring - The Tannery Liverpool  Laombert Smith Hampton - MBA - Restructuring - Woolsich Town Houses 

Lambert Smith Hampton - MBA Restructuring - Elliot Group

Marketing a development of 381 units known as The Tannery in Liverpool.

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Contact Anthony Hart >

Currently marketing a part completed development of 18 town houses in Woolwich on behalf of Fixed Charge Receivers.

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Contact Nick Hughes >

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. 

 

 

 Online Auctions
 JD Norman Lydney Limited 

 Fresh Fruit Distribution Ltd

Lombok Furniture   Beautiful World of Tents
JD Norman

Fresh Fruit

Lombok Furiture
Beautiful World Tents 

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.

 

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.


ABL Update
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LPA Receivership - Find out more >
Midlands & North - Find out more >
South West & Wales - Find out more >

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