Case Studies
- Significantly Reducing Rates Liabilities
- Adding value through Facilities Management
- Fast track development enables important European contract wins
- Adding value and saving money
- Securing future value and flexibility
- Houses in Multiple Occupation
- Value Enhancement and Removal of Planning Restriction
- Residential Development
- Office Block Management
- Industrial Property Sale
- Commercial Property Portfolio
- Meeting Clients Investment Objectives
- An Old Master Brought Up to Date
- Seeing What's Best for the Business
- Up to the Challenge
- Thinking Ahead of the Game Pays Dividends
- Maximising Potential and Value
- A Little Bit of Digging Can Pay Dividends
- Development, Sale and Lease Back
- Rapid Disposal and Rent Uplift after Fire
- An Unexpected Windfall for Car Giant
- A Refit Under Budget & A Smooth Relocation
- Resolving a Logistical Challenge
- Recognising the Alternatives to Relocation
- Reducing Rates Liabilities by over 10%
- Green Belt Planning Permission
- Warehouse Refurbishment for Vitacress
- New HQ for The Royal Yachting Association
- New Build for Hyland Edgar Driver
- New Premises for Fastener Stock
- Property Acquisition for Compass Group
Commercial Property Portfolio
A portfolio of 81 properties including 12 units in Scotland where Vail Williams have been appointed as Asset Managers, with broadly similar powers to those of an LPA Receiver. The portfolio is currently being actively managed with issues including separation works, short-term leasing, the letting of vacant space and maximisation of assets by securing planning consents for alternative use.
Within 12 months of appointment the LPA Receivers have secured in excess of £5.6M of income, affected 10 market lettings and submitted 7 planning applications for change of use. The exploitation of special purchaser sales has yielded receipts of 25% over book value. The long term strategy of asset maximisation is likely to continue for a 3-4 year period. Ancillary issues undertaken by the LPA Receivers include liaison with liquidators and the lender’s solicitors over other asset charges.
