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Advised registered charity, Marwell Wildlife, on disposal of a terrace of vacant cottages.
Delivered development disposal advice to secure the sale.
Achieved best value from the surplus assets, generating significant capital receipt to be reinvested back into the charity.
Vail Williams was appointed by Marwell Wildlife to advise on the disposal of a terrace of four cottages on a 0.76 acre plot, situated on the boundary of the zoo’s estate and which had become surplus to operational requirements.
As a registered charity, the zoo needed to demonstrate that any sale achieved value under the Charities Act, while releasing capital to be reinvested back into the zoo. Vail Williams was appointed to openly market and dispose of the properties, maximise their value and providing the evidence needed to demonstrate that best value had been achieved.
“As a registered charity, it was essential that we could demonstrate we had achieved best value while ensuring the sale process was professionally managed from start to finish. Vail Williams provided clear commercial advice throughout, generating strong market interest and achieving a fantastic end result.”
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.
Southampton
