Challenge
We were appointed by administrators RSM to advise on property, planning and valuation issues relating a harbour which had entered administration.
It was our role to help the administrator to recover assets at Bembridge Harbour. Ordinarily, this might involve selling the assets and liquidating the company.
In this instance, understanding the specialist marine and leisure sector as we do, we marketed the harbour for sale as a going concern, drawing on our specialist commercial property valuation expertise, to value and market this unique investment opportunity.
How we helped
Without access to the usual financial records for due diligence, we drew upon our understanding of how businesses in this marketplace operated, to market the harbour as an attractive proposition to potential buyers.
Results
- Valuing the harbour as it stood was challenging, but we accurately identified and conveyed the business potential to achieve a successful sale.
- The sale of the harbour was achieved by proactively identifying interested parties, with minimum delay or business disruption.
Get in touch
If you think you may need similar support to that described here, or you would simply want to have an informal chat with a member of our team to discuss your property needs, get in touch.
PortsmouthSouthampton
