Joint LPA Receivers appointment
We were instructed by Joint LPA Receivers, and primarily worked with Warren Penfold, a Chartered Surveyor appointed by a building society to secure the disposal of an office scheme in Chertsey.
The task related to a property known as Hamilton Court, Gogmore Lane, Chertsey. An office scheme comprising 4 self-contained buildings (6,350 sq ft). The requirement was to achieve a disposal at the best price possible.
Eggerdon & Holland initially met the Receiver at Hamilton Court whilst he was securing the property by changing locks and assessing the practical requirements of his appointment. We were asked to report on achievable and quoting price, marketing initiatives and terms of business. The Receiver then confirmed instructions to offer at certain sales figures and we started work on the marketing to generate a flow of enquiries. We managed to secure offers to enable sales to be completed within a reasonable period of time and drafted Sales Memoranda for distribution to both party’s solicitors. Given the Receiver was based in Essex, he relied upon our local knowledge, speed of reaction and regular communication to ensure he was able to discharge his responsibilities.