Client: Administrators On Behalf Of Major Bank
Site Area: 8.2 acres (3.3ha)
When the owning company went into administration we were initially called in to take over the management of the property. Over the subsequent twelve months we were able to turn a loss making investment into a profitable one.
Having completed the first objective we were instructed to sell the investment which has been identified as having medium to long term development potential.
The property was subsequently sold to a local investor.