100% Success Rate For Landwood Property Auctions
Our last 3 online property auctions held on 23rd March, 18th April and 1st May have proven to be a great success for Landwood Property Auctions. We’ve sold all properties offered online, for a variety of clients ranging from Local Authorities, Receivers and other Insolvency Practitioners and private clients.
Success has been achieved for a range of properties, including vacant and investment residential properties, a former library, development land and a commercial investment.
We’re a full service property auction company and can offer sellers both in-room and online sales. If you’d like to know more about the online option please read below.
Online property auctions are the exciting new development for buyers and sellers. It gives both parties all the traditional benefits that auctions have always offered, together with greater flexibility. Being web based, buyer’s benefit from being able to bid from anywhere in the world and they know exactly what they need to pay to secure the property.
Seller’s benefit from the ability to:
• Set your own auction start and finish dates and not be constrained by the set closing and sale dates a traditional in-room auction has.
• Run bespoke and extended marketing campaigns that can widen the pool of potential Bidders.
• See at a glance how much interest your property is generating and once bidding starts, see how many Bidders there are and the progress of bidding.
• Truly appeal to a global audience and effectively market to and allow Bidders from any location.
• Sell properties not previously suitable for the traditional auction route.
• Pre-qualify potential bidders and make sure they have paid a deposit in advance before bidding.
• Consider conditional sales that can widen the pool of potential Bidders and reduce some of their up-front costs before accepting any bid.
• Cost effectively sell very low value properties.
• You can be satisfied that you have achieved the best price on the day by a transparent and open sales process.
Kate Lay joins as Director
Landwood Property Auctions have made another key appointment.
Kate Lay, who recently took a brief career break to have her daughter, joins as Director. She is vastly experienced in property auctions having worked in the sector for over 15 years. Kate worked for Sutton Kersh auctions, before setting up her own successful independent auction business in 2008. Subsequently she was headhunted by Pugh Auctions to head up the residential side of the business and she was a prominent member of the management team, before leaving in 2017.
Mark Bailey of Landwood Group said: “This is exciting news for us. Kate brings a wealth of experience and the team now has a combined 30 years track record of concentrating on property auctions. They have personally dealt with over 8000 auction lots and I am delighted that we are able to offer clients and customers of the business access to market leading knowledge and expertise.”
Kate Lay said “This is a great opportunity to help grow and shape an auction business. I am looking forward to working again with my former colleagues and working closely with our clients. We all passionately believe that we can offer a service that’s genuinely different, more attentive and client focused than our competitors.”
New Recruit For Landwood Property Auctions
Landwood Property Auctions are delighted to announce that Heather Twiss has joined them from Pugh auctions.
James Ashworth, Director says ” It’s fantastic to have Heather in the team and I’m delighted to be working with her again. She brings a huge amount of experience in property auctions and I know our client’s will value her customer service and client care skills. She’s also very tenacious and will negotiate hard on Seller’s behalf when agreeing pre and post auction sales. Part of providing a top quality service is having the right people on board and in Heather we have recruited one of the best.”
Automotive Industry Specialists
The automotive industry sector is one of our specialisms. Clients call on our expertise to carry out appraisals valuations and disposals across the industries many facets from blue chip companies through to small private enterprises.
Please see the link below for our further details.
Exciting start to 2018
It’s an exciting start to the year for a leading North West chartered surveyors firm, who are making changes to how they deliver their existing property auction service. Bringing expertise in house is great news for our clients, improving service levels and providing a seamless transition from initial advice through to auction disposal.
Landwood Property Auctions, backed by the Landwood Group, already has plans in place to host a series of auctions both traditional or online throughout 2018, offering commercial and residential properties and land for sale across the UK from its North of England base.
Landwood has appointed one of the property auction industry’s leading agents James Ashworth as a Director. Ashworth joins from Pugh and Co where he was a member of the management team and he has more than 25 years’ experience working in the property industry.
James Ashworth said: “We aim to have our first in house auction in Spring 2018 and plans are well advanced. What sets us apart is that we will be able to genuinely deliver a very personal service, giving clients instant access to impartial, straightforward and clear advice.”
“We will constantly develop innovative ways of delivering auction services that fit with modern, ever-changing client and buyer requirements. Covering all types of property auctions from traditional in-room to online only, incorporating both unconditional and conditional sales, we will also bring the benefits of auction to disposal strategies blended with private treaty sales, offering clients a truly holistic approach.”
“Underpinning this will be a modern approach to marketing, embracing digital and social media platforms to effectively target buyers across any part of the UK and beyond.”
Mark Bailey of Landwood Group said: “This is an exciting new venture for Landwood. We believe we can bring something different to the market place by offering a dynamic, proactive and fresh approach to the property auction sector in the region”
“We are delighted to have appointed James as a Director. The new Property Auction team has an excellent track record of delivering results across all property sectors. They have the knowledge, the experience and reputation to ensure the business gets off to a successful start.”
With offices in Manchester, London, Leeds, Liverpool and Birmingham, Landwood Group was established in 2008 by Mark Bailey and Richard Parkinson. It provides expert advice on property, plant and machinery and business assets, conducting sales of business assets.
Landwood Group Open Liverpool Office
Leading north west Chartered Surveyors, Landwood Group, have opened an office in Liverpool to support clients based in the city and surrounding region.
Based at Suite 626 The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ, the office is headed up by Michael Fitzpatrick who can be contacted on:
Office: 0151 242 6754
Mobile: 07788 230739
“It’s great to have a base in my home city and I’m looking forward to working with our clients in Liverpool and across Merseyside”, said Michael.
Landwood Group auction of woodworking and joinery assets beats expectations
Landwood Group, the leading Northern-based chartered surveyors, auctioneers and asset managers, held a successful auction sale of commercial bespoke joinery manufacturer based in Wrexham. The sale included high quality, state of the art CNC machinery, laminating & veneering, edging and solid surface fabrication equipment. A wide range of ancillary equipment including dust extraction systems was also sold.
Instructed by FRP Advisory LLP, the Administrators of Quadraco Contracts Ltd (In Administration), who were delighted with the results achieved, particularly in light of the tight timescales and time of the year.
LANDWOOD GROUP HOLDS “HIGHLY SUCCESSFUL” SALES OF COLLAPSED COACH GROUP’S ASSETS
Landwood Group, the leading Northern-based chartered surveyors, auctioneers and asset managers, have held a series of highly successful sales of coaches and buses belonging to GHA Coaches of Wrexham.
The sale followed the collapse of GHA Coaches into administration this summer.
Landwood Group, who have offices in Manchester and Leeds, were appointed by administrator from Grant Thornton to value GHA’s assets and then market and sell them to raise funds for distribution to creditors.
These assets consisted of nearly 300 buses, coaches, minibuses and vans, as well as miscellaneous engineering, garage and vehicle repair equipment.
Ben Lynch, a director of Landwood, explained: “Having agreed the strategy with the administrators, we are now running a phased disposal of the assets, with the first two of three on-line sales already having taken place in August and September. These two sales have both been a great success, with nearly 100% of the lots exceeding their reserve price.
“The final on-line sale is already open, with the viewing day taking place on October 18 and the sale closing on October 20. Please visit www.landwoodgroup.com for more specific details and information.
“The sale includes more than 100 vehicles, along with a variety of engineering and maintenance equipment used by the business to maintain their fleet of buses and coaches.
“The sales so far have gone very well and included more than 100 buses, coaches and vans, plus a substantial amount of garage and maintenance equipment. As a result of our comprehensive marketing campaign, we attracted a huge amount of interest with buyers from across the UK and Europe bidding enthusiastically to buy the assets. The administrators of the company were delighted with the results,” Mr Lynch.
Jason Bell of Grant Thornton said: “We are very pleased with how the auction sales have gone so far. The retention of company staff to prepare the buses for auction and the efforts of the Landwood Group to attract bidders both contributed to a successful auction.”
More than 300 people were made redundant when the Wrexham-based firm ceased trading in mid-July after receiving a winding-up petition over unpaid taxes.
For further information, please contact Robert Beaumont of Robert Beaumont Associates on 01423 323139 or 07710 127713.
Let’s Play Darts…..
Last week saw Landwood host our annual darts evening at the Nag’s Head in Manchester.
You came; we drank and then attempted to play some darts….
The Winner – Congratulations to Michael Fitzpatrick from Landwood Group.
We would like to thank everyone for coming along and making the night a success.
2016 TRI Awards Finalist
Landwood Group are proud to be finalists in the prestigious 2016 Turnaround, Restructuring & Insolvency, (TRI), Awards in the “Asset Valuer/Auctioneer of the Year” category.
This reflects the level of service that we provide to our clients and is awarded using criteria which assesses the performance of the recovery process, consistent value recovered from assets, innovation in valuation and realisation of assets, plus client testimonials.
Academic success at Landwood
Many congratulations to Charles Booth who graduated from Salford University with an MSc in Real Estate and Property Management. Charles has been studying hard whilst also working at Landwood for the last 3 years. He now continues to work towards becoming a chartered member of the RICS. We congratulate him and wish him success for the next stage!
LANDWOOD GROUP HOLDS “HIGHLY SUCCESSFUL” SALE OF COLLAPSED ENGINEERING GROUP’S ASSETS
Landwood Group, the leading Northern-based chartered surveyors, auctioneers and asset managers, has held a highly successful sale of precision engineering machinery belonging to Glenborough Engineering of Leicester.
The sale followed the collapse of Glenborough Engineering into administration.
The equipment was used to produce specialist parts, principally for the aerospace and automotive industries, and included an impressive range of milling, grinding and testing machinery.
Full press release attached, together with an exterior photo of the Glenborough premises, a photo of their machinery and a photo of Ben Lynch, who is quoted in the story.
For further info, please contact:
Robert Beaumont Associates, Minskip Lodge, Minskip, York, YO51 9JF
01423 323139 or 07710 127713
See Press Release
Landwood Group Strengthens Property Team With Fitzpatrick Promotion
The Landwood Group, the Manchester-based chartered surveyors, asset managers and auctioneers, has strengthened its property team with the promotion of Michael Fitzpatrick to Associate Director.
Landwood Director Helen Jude said that Michael’s promotion was well-earned and reflected the excellent contribution he had made to the firm since joining at the end of 2014.
Helen explained: “Michael is a property expert and RICS registered valuer, specialising in corporate recovery and secured lending valuation work. His work covers a range of property from offices and industrial buildings to residential portfolios and specialist student accommodation throughout England and Wales.”
“Over the course of his career, Michael has successfully built strong relationships with a wide range of clients, including high street banks and secondary lenders, insolvency practitioners, ABLs, peer to peer funders and private individuals. His experience and knowledge is welcomed by clients,” she said.
Michael has been a surveyor for more than eight years. His initial role was as a graduate surveyor at Edward Symmons LLP, (now part of LSH), in the Valuation and Corporate Recovery Department, before becoming a member of the Royal Institute of Chartered Surveyors (RICS) in April 2010 and being promoted to a senior surveyor in April 2012.
He commented: “I was delighted to join a company as progressive and successful as the Landwood Group and my move has been a great opportunity for me. I have enjoyed being an integral part of a close-knit and hard-working team, with my promotion being a real honour.”
Landwood Group Appoints New Head of Leeds Office
Michael Booth, specialist Machinery and Business Assets (MBA) chartered surveyor, has been appointed as the head of the Leeds office of the Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers.
Michael will lead the Group’s activity in Yorkshire and the North East, working closely with the property team to deliver a one-stop service to corporate recovery and asset-based lending (ABL) clients.
A RICS Registered Valuer and long-standing member of the senior team at Landwood, Michael will continue to operate on national basis from his Leeds base in Queen Street, working with the national MBA team of Ben Lynch, Richard Parkin, Brian Parkinson FRICS and Rick Wadsworth.
For full press release plus photo please click here.
Landwood Group Sells Kent Garden Centre
The Landwood Group, the leading property surveyors, auctioneers and asset managers, have sold a garden centre and nurseries near Folkestone to Grovewell Gardens Centres for an undisclosed sum.
The 18.5 acre MacFarlanes Garden & Butterfly Nursery, at Hawkinge, near Folkestone, comprised a number of buildings, including a shop, café, former butterfly house, warehouse and owner’s house.
Mark Bailey, director of Manchester-based Landwood Group, explained that Landwood had been appointed as Fixed Charge Receivers in late 2015.
He said: “Over the years the site had become run down and the decision was taken to cease all trading. The site was subsequently offered for continued use as a garden centre or for a variety of possible alternative uses, subject to planning permission.
“Interest was received from a range of parties, some looking to redevelop the property to create a modern garden centre with associated attractions and others looking for alternative uses, including leisure and tourism or residential.
“The site is located in an area of outstanding natural beauty, calling for owners to be sympathetic to the immediate area, which resulted in buyers being able to understand the potential for the future.
“The interested parties were invited to put forward their best offers in writing and an offer from Kent-based Grovewell Garden Centres was accepted by the Receivers. The sale successfully completed in early 2016 and an excellent result achieved.
“We gather that the site is due to be reopened this month as a redeveloped garden and butterfly centre and will be the third site owned by Grovewell. We wish them success,” added Mr Bailey.
Grovewell Director Edward Boult said: “We are very excited by this acquisition. After three very strong trading years it’s great to add a third garden centre to the mix.”
Centre manager Paul Smith will be driving the Folkestone Centre forwards with plans for an Aquatic Centre & Groves Coffee Shop & Restaurant. He said: “We aim to build on the success and reputation of Canterbury and Tenterden Garden Centres. We’ve been overwhelmed by the support from staff and locals so far and I’m really looking forward to building a Centre we can all be proud of.”
For further information, please contact Robert Beaumont of Robert Beaumont Associates on 01423 323139 or 07710 127713
Successful sale of engineering machine tools by Landwood Group
Excellent levels of buyer interest ensured the auction sale delivered a great result for the Administrators of Glenborough Engineering.
Ben Lynch, Director at Landwood Group, said he was delighted with the results achieved, reflecting the highly effective pre-sale marketing campaign and auction preparation by the Landwood team
Landwood Group Strengthens its Machinery and Business Assets Team
Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers, have strengthened their machinery and business asset (MBA) team with the appointment of Ben Lynch.
Joining the Manchester office of Landwood from Edward Symmons, now part of LSH, Ben will head up the Group’s MBA division, operating across the country.
Mark Bailey, director of the Manchester-based Landwood Group, commented: “This is a very significant appointment for us. Having spent more than 12 years in his previous role, Ben’s experience spans a remarkably wide range of business assets with a particular focus on corporate recovery cases. He is hugely respected in his field.
“The experienced Landwood team has an excellent track record in valuation and disposal of assets ranging from CNC machines, specialist chemical production, vehicles and aircraft, heavy engineering and construction equipment, all the way through to nursing homes.”
To view and download full press release please click here.
Professional Women in Chartered Surveying
Before I started at Landwood in November 2015, I was unfamiliar with chartered surveying as a profession. Prior to my first day, I did some background research into chartered surveying and I was surprised at the extensive history of RICS (Royal Institution of Chartered Surveyors). What I found particularly interesting was analysing the presence of women in chartered surveying and the prevalence of women in surveying over time; from Irene Martin,the first woman to become a Chartered Surveyor in 1922, to the presence of women in chartered surveying today. Irene Martin helped improve housing conditions in the slums of St Pancras between World War One and World War Two and is still viewed as a key social reformer of the twentieth century. On average, women amount to 13% of Chartered Surveyors in the UK today. Although a female presence in surveying has increased over the decades, most significantly from the 1980s onwards, I wanted to know why it is still seen as a male dominated profession. For this article, I shadowed two of our leading women at Landwood Group: RICS qualified Director, Helen Jude (nee Lee) and Head of Property Management, Claire McKay. I wanted to experience chartered surveying first-hand whilst comparing and contrasting it to residential property management which is seen as a predominantly female profession.
Landwood’s Property team received a new case in the midst of the 2015 Christmas period, taking over the management of 69 properties in the North East. Our Property Management team were expecting an influx of calls a few days following their appointment, so it was the perfect opportunity for me to experience property management first-hand. I had observed Claire’s calm approach when speaking to tenants on the phone and followed her simple advice when it was my turn to answer tenant calls. Her advice was to “speak to the tenants as you would wish to be spoken to.” I think there is a strong stereotype placed upon people who are dependent on Housing Benefits, but I can honestly say that, after speaking to around 20 tenants, every person I spoke to was polite and just seemed worried and anxious about their situation. Many were just grateful to be rid of their previous landlord and appreciated our time and help. Property management was very similar to how I had imagined it to be. The only thing that surprised me was how rewarding I found the experience, as that was something I did not expect. Also, Claire told me that, during her time in property management, she only ever worked with two male residential property managers. I asked Claire why she thought there were fewer men than in mainstream chartered surveying. She commented saying, “to be a good property manager you have to be able to multi-task, to retain a lot of information and have a considerable amount of patience and empathy. General Practice chartered surveying, on the other hand, is much more active involving site inspections, which is why I think men are more prone to pick that over property management if they are interested in property.” Although my conversations with Claire gave me a good insight into why men choose chartered surveying, I still wanted to know why fewer women choose chartered surveying.
After my stint in property management I had the chance to go on property visits with Landwood Director Helen Jude. I was intrigued to see the difference in the tenants’ behaviour on the phone and in person. In January of this year, I joined Helen on some property visits in the Salford area and I had the responsibility of taking photographs of each room and of any damages or issues with the properties. I was initially apprehensive about visiting tenant properties after only ever speaking to them on the phone, but Helen seemed very relaxed. I asked Helen, in an interview following the first property visit, “Do you ever feel scared or intimidated when you visit properties?” “Yes and no. I make sure when I am visiting a property that I take all the necessary precautions, knowing where my nearest exit is and making sure my diary is always updated and available in the office, so everyone knows where I am at all times.” “How do you feel about going on property visits alone?” “As a woman, it is often the case that I have to take someone with me on site inspections, but it just depends on the situation. I personally like doing property visits on my own, but you have to show that you are confident and assertive so that the tenants will respect and trust you.” I didn’t know what to expect on the property visits, but I actually found it really interesting. I was intrigued to see how different people lived and observe how Helen interacted with tenants and the relationship she built with them. What I noticed most prominently was the large amount of respect the tenants showed towards Helen. After learning more about chartered surveying, I am surprised that more women don’t get involved in chartered surveying as, for me, I love being active and seeing different properties. I wanted to ask Helen why she thought there was still a minority of women in the chartered surveying profession and her argument was that “chartered surveying isn’t appealing enough to a wider base of women. There are many misconceptions about chartered surveying. Firstly, when someone says they are a Chartered Surveyor people automatically think of quantity surveying, building sites or estate agents.” Helen continued, saying “I think we need to reach women at school level to inform them about chartered surveying, which is something that RICS are gradually in the process of doing.” From my point of view, as an outsider to chartered surveying, it seems to me that it is a profession people have to actively look for as opposed to one which you can stumble across in your graduate job search.
Chartered surveying definitely wasn’t what I expected it to be like. Observing Helen opened my eyes to what chartered surveying actually entailed and I was pleasantly surprised. Helen described the ideal Chartered Surveyor as being confident, strong, active, assertive, self-assured and hard-working and I believe many of these skills are possessed by women.
Although I enjoyed both my experience in property management and chartered surveying, I preferred chartered surveying for numerous reasons. I have always enjoyed meeting new people, being active, seeing different places and how different people live so, in theory, chartered surveying is perfect for me.
The purpose of this article was to look at chartered surveying from an inexpert point of view to see what an outsider with no previous knowledge of the profession thought about it. Chartered surveying most certainly could be a very appealing profession to women but I think that it needs to be made more accessible to women especially at the younger age groups. It was merely luck and fortunate timing that led to my employment at Landwood Group and the opportunity to learn about and experience chartered surveying and I now feel it is a profession I would want to pursue.
We want to know whether you think chartered surveying is a male dominated profession and, if so, why? How do you think we can get more women involved in chartered surveying?
Follow us on LinkedIn to have your say!
Machinery & Business Assets Team Advise Waste Electrical Firm
At Landwood Group we are proud to possess the skills and expertise which allow our Business & Machinery Assets team to handle a diverse range of cases. Advising a waste electrical and electronic firm was no exception. When Reclaimed Appliances (UK) were placed intoadministration, we were approached by the Administrator to advise them on the current waste electronic recycling trading environment and how to maximise the company’s assets and minimise their waste liabilities. Due to the hazardous nature of the waste electronic recycling industry, this case was of extreme environmental importance and required an advanced level of knowledge and awareness of the industry. Fortunately, our director led team at Landwood were able to advise the Administrator regarding the electrical reclamations industry utilising our knowledge of the WEEE (Waste Electrical and Electronic Equipment) Directive. The issue of WEEE is constantly changing, both domestically and internationally. The WEEE Directive states that the transportation of broken or expired electronics to places like Africa is illegal to stop these so-called ‘electronic graveyards’. In 2014, one particular mountain of electronic waste in Agbogbloshie, West Africa was thought to be worth a staggering £34billion demonstrating the extent of the problem.
Hazardous waste is harmful to the environment and people so, even though this wasn’t one of our biggest cases, it was very important that our handling of this case aligned with our professional ethics and moral standards of sustaining a healthier and more efficient environment. We advertised the available assets to the relevant industrial sectors as the assets involved in the business were diverse. The assets included: Fragmentation, crushing and grading lines, electrical testing equipment, bespoke concrete mixing and block making system, lifting equipment and vehicles. As a result of our professional advice to the Administrator, Reclaimed Appliances was successfully sold to their Management team who were able to continue trading. The administrator trusted our ability to handle such a particular case understanding our extensive industry knowledge and connections.
Successful Sale of Four Storey Block of Apartments
Etruria Road was an attractive four storey new build block of eleven apartments situated on a busy arterial road approximately 3km to the north west of Stoke-on-Trent town centre. Due to issues with planning permission, the council originally ordered the property to be demolished. The LPA Receivers were fortunately able to avoid demolition but, thereafter, required Landwood Group’s assistance with negotiations for the new terms of agreement and to help them reach the best possible outcome for the sale of the apartments.
When we were assigned to this case, we saw the great potential for this ideally located and attractive new unbroken block of apartments. Thanks to our connections, we were able to involve experts in the assessment and negotiation process and, after careful consideration,we decided that the best way to deal with this case was by selling it through auction. We recognised the great investment opportunity and we estimated that auction would create a highly competitive bidding war between potential buyers creating the best possible results for the property.
When we initiated the marketing stage of the process, we were overwhelmed by the amount of interest shown in such a short span of time. Although we entered the property into auction, the extremely high level of interest meant that the block was subsequently sold pre-auction. We found that, despite a number of challenging issues relating to the property, the demand was nevertheless still very strong for an unbroken block of new apartments which included the control of a private surfaced car park. For this case we achieved above expected realisations after a high level of competitive tendering meaning a great result for our client.
Why The Government Is Paying Homeowners To Go Solar
The UK should have 10 million homes with solar panels before 2020 if the Government is to fulfil its renewable
energy targets. The Eco Experts share the various benefits of going solar in this insightful article which suggests that
solar pays for itself with a combination of low installation costs and high energy bill savings.
Follow this link for the full article: http://solarpanels.theecoexperts.co.uk/yg-Why-the-Government-is-Paying-Homeowners-Thousands
Newsletter January 2016
Check out our first Newsletter of 2016!
2015 was another strong year for Landwood Group, which saw us handle a wide range of interesting cases across our core disciplines of Property, Asset Management and Machinery and Business Assets. During the year, we continued to invest in developing our team and expertise with new appointments and promotions. We pride ourselves on our team focused and director led approach to each and every case and invest in our people to ensure we can deliver excellent results for our clients.
Follow this link to view our Landwood Group Newsletter January 2016
This Newsletter shows just some of our successes from 2015. If you would like to receive our newsletters in the future, sign up to our Mailing List.
Landwood Group wishes you all the best for 2016!
Sale of Printing and Print Finishing Equipment
Tachodisc Limited contacted Landwood Group when they were at a stage of great change in their company’s structure and purpose. Due to the industry’s technological developments, Tachodisc had to carry out a complete reshuffle of their business from being a production-focused company, to becoming primarily focused on software and technological development. They requested our help in valuing and disposing of their surplus printing and print finishing equipment to assist their re-location to new premises.
After meeting with us, the client was confident in our capability to handle the sale and clearance efficiently in the tight timescale given. The assets included standard industry equipment from HEIDELBURG, POLAR as well as a bespoke ULMA florida flow wrapper and also warehouse and handling equipment. Due to the quality and diversity of the assets on offer, we used our online auction through BidSpotter. The auction received a significant amount of interest and was, in turn, exceedingly successful.
Michael Booth, MRICS of Business and Machinery Assets, said “we were able to sell all the equipment at a price our client was satisfied with whilst under strict time constraints.”
Remarkably Popular Sale of Four Properties in Hackney
Landwood Group were appointed over four properties on a busy road in Queensbridge, Hackney. Three of our directors were appointed as the LPA
Receivers over the properties. The properties comprised a 3-4 storey building with retail units to the ground floor
level and residential accommodation to the upper floors. The property presented a fantastic all round investment
opportunity and we expected interest to be good. The properties were offered as a single lot and alternatively as four
separate lots which created a great and diverse base of interest and an exceptional amount of attention! The
phenomenal interest shown demonstrated the strength and popularity of the London market complemented by our
strong and well-targeted marketing campaign. Helen Lee, Director at Landwood commented saying, “The properties sold after a period of highly competitive
bidding, leading to a successful outcome for the client which we were very pleased with.”
To hear more about our Latest News and Updates, follow us on LinkedIn and Twitter!
Our Leeds Office report excellent start to 2016 with selling instructions for three prominent car wash sites
Landwood Group’s Leeds office report an excellent start to 2016 with selling instructions for three
prominent car wash sites. Fronting a busy arterial road close to Leeds City Centre, it is based in a prime location.
Simon Dove, MRICS and Associate Director at Landwood, has reported an unparalleled amount of interest in the
sites with more than 40 enquiries to date and rising.
Landwood Successfully Dispose of Formwork and Civil Engineering Equipment
Landwood Group have very recently disposed of a huge quantity of formwork and civil engineering equipment for the private company McFadden Limited. The client needed to dispose of some of their sizable assets fairly promptly and, with the recommendation from Dove Haigh Phillips, who were advising the owner of McFadden, they appointed us due to our industry knowledge and specific expertise. We were appointed to survey the premises and sell their surplus assets. The assets for disposal varied and included; a Doka formwork system and equipment, KGuard edge protection, scaffolding systems, Peri shuttering, motor vehicles and items of yellow plant together with sundries.
The case wasn’t without its obstacles as we were given a very limited amount of time to clear the surplus assets and, as McFadden was still an operating company, the complexity of the task was enhanced due to moving assets within the premises. This was a very specific and specialist asset group but, due to our extensive industry knowledge, we were able to provide a very targeted marketing campaign and meet our client’s specific demands.
The formwork equipment and accessories were put up for sale through private treaty and the other assets for disposal were put into our online auction system through BidSpotter. The sale results turned out to be very successful which we were extremely pleased about. Landwood’s Michael Booth, Associate Director of Business Machinery Assets, made a comment on the success of the McFadden case; “with the tight time frame left and with the very specific assets to manage and sell, we achieved and met our client’s expectations in terms of sales realisations and time.”
Landwood Take Part in Key 103’s Mission Christmas
Here at Landwood we have welcomed the festive spirit by signing up as a drop off point for Key 103’s Cash for Kids Mission Christmas!
Mission Christmas is a fantastic cause that strives to ensure that every child aged 0-18 years old will wake up to a gift on Christmas
morning and we are proud to be involved in such a wonderful cause. Mission Christmas promised a feel-good experience from donating
and they most certainly delivered.
Thanks to all our staff here at Landwood for contributing so many gifts to our donation pile and no doubt this will become an annual
Telemark Skier Jasmin Taylor grasps sixth place in the opening round of the World Cup
sixth place in the opening round of the World Cup held in Hintertux, Austria. Jasmin was the first Brit
to win a World Championship medal and after a brilliant pre-season and recovering from a knee injury
towards the end of the 2013/14 season, she seems in better shape than ever and ready and raring for the
next lot of races in January 2016.
Here at Landwood we wish Jasmin the best of luck for the rest of the World Cup and all her endeavours
for the coming new year and we are proud to support such a talented and inspirational young athlete.
To read the full report on Jasmin’s opening round of the World Cup follow the link below:
Landwood Exceeds Client’s Estimations with the Sale of 5 Shotguns
Landwood exceeded their client’s expectations with the sale of 5 Beretta guns at a higher price than the client had anticipated.
On behalf of bankrupt estates, we sold: two Ultra Light Deluxe 12g Shotguns 28″ Barrels Fixed Choke, one Ultra Light
12g Shotgun 28” Barrels Multi Choke, one Silver Pigeon 12g Shotgun 28” Barrels Multi Choke and one Diamond Pigeon
20g Shotgun 29″ 1/2 Barrels Fixed Choke.
This specific sale enabled us to demonstrate our ability to handle any asset given to us and show the extent of our industry knowledge and extensive expertise.
Britain’s Number One Telemark Skier Jasmin Taylor, Sponsored by Landwood, Speaks to BBC Sport
ranked eighth in the world, Jasmin recently spoke to BBC Sport about all things Telemark skiing. At the extraordinary
age of twenty-two years old, Jasmin became the first British athlete to be awarded a Telemark World Championship
medal winning bronze in the sprint race.
To read more about Jasmin Taylor, click on the link below to read what she had to say to BBC Sport.
Landwood Group Strengthens Business Development Team with Key Appointment
Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers have appointed Richard Parkin as Business Development Director.
Richard, who joins Landwood Group from Cerberus Asset Management, will focus on building business in Leeds, Yorkshire and the North East, whilst also playing a key role in Landwood’s business development activities nationally.
He will be based at Landwood’s Leeds office in Queen Street.
Richard has more than twenty years’ experience in the recovery sector. Over the last three years he established a successful office in Leeds, building the team and business relationships. Clients included a range of insolvency practices, asset-based lenders, brokers and lawyers from across the region.
He will work across the Landwood Group disciplines of Machinery and Business Assets, Asset-Based Lending, Property and Property Asset Management.
Richard commented: “I am very happy to be joining Landwood Group. It is a progressive business that provides a first-class service to clients and one that I feel can match my ambitions in both short and long term. I am looking forward to becoming an integral part of a close-knit and hard-working team”.
Richard Parkinson, director at the Landwood Group added; “We are delighted that someone of Richard’s calibre is joining us, bringing his sector experience and leadership to our business development activities. He shares our philosophy of focussing on the client at all times and is passionate about building a successful business from our Leeds base.”
Landwood Group Prepares Prime Batoyle Site in Huddersfield for Sale
The Landwood Group, a leading Leeds firm of chartered surveyors and auctioneers, have disposed of the surplus plant and assets of the Batoyle Freedom Group of Huddersfield and prepared the company’s premises for sale.
Batoyle’s 25,000 sq ft premises in Milnsbridge, which were a dedicated blending facility, will shortly be marketed as a prime industrial property site with refurbished units by niche Leeds property consultancy Dove Haigh Phillips.
The machinery and business assets team at the Leeds office of the Landwood Group were instrumental in selling the equipment in the buildings.
Batoyle owned a specialist range of assets, including blending and storage vessels and laboratory analysis equipment, and it was a complex task to sell and remove the assets, clear the site and prepare it for the market.
To view and download full press release plus photo of work under way on site please click here.
Landwood Group to Market Stunning Cumbrian Private Estate
The Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers, have been appointed to market a stunning 1,528-acre private estate in Cumbria.
The Lilymere Estate, which lies in an idyllic location between the Yorkshire Dales and the Lake District National Park, is on the market for offers in excess of £3 million.
The Manchester office of the Landwood Group are marketing the estate on behalf of a secured creditor.
Richard Parkinson, director of the Landwood Group, commented: “This is a very beautiful, if idiosyncratic, estate, which comes with its own private 34-acre lake. At the heart of it is an impressive principal house, Lilymere House, which is only partially built.
“Lilymere House, which has outstanding views of the lake, was designed to have eight bedrooms and leisure facilities extending to approximately 15,400 sq ft on four floors. Construction has stopped at a stage which allows a purchaser to complete this exciting project and amend the internal specification to meet individual requirements. It is a once-in-a-lifetime opportunity.”
To view and download full press release please click here.
Landwood Group Disposes of Ex-Woolworth Distribution Site in Rochdale
The Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers, have sold a former Woolworth’s distribution depot in Rochdale to a client of Manchester-based developer Pin Properties for an undisclosed sum.
The Landwood Group had been appointed to asset manage and dispose of the part-derelict site on behalf of the Official Receiver.
The 18.3 acre site, located on the south east outskirts of Rochdale, close to the centre of Castleton and near to Junction 20 of the M62, had fallen into disrepair after the collapse of Woolworth. It was partly occupied by a number of logistics companies.
Simon Dove, associate with the Landwood Group in Leeds, explained: “After we had been appointed in December 2013, we embarked on a comprehensive marketing campaign to ensure that we got the best possible deal for the site.”
To view and download full press release please click here.
Landwood Group Appointed to Sell Former Eurotunnel Exhibition Centre
The London office of the Landwood Group, the leading Manchester-based chartered surveyors and auctioneers, has been appointed to sell one of the most prominent office buildings by the M20 in Cheriton, near Folkestone.
Landwood Group will be disposing of the former Eurotunnel Exhibition Centre, which had one of the tunnelling machines displayed high above the motorway for many years.
Offered at a guide price of £2.825m subject to contract for the freehold with vacant possession.
For full press release, plus photo of the Eurotunnel Exhibition Centre, please click here.
To view and download full sales particulars, please refer to the ‘Available Properties’ section of our website. Alternatively, please click here.
Landwood Group Flies High With Skiing Sponsorship
Jasmin Taylor, the UK’s No 1 Telemark skier, who is sponsored by Landwood Group, the leading northern-based chartered surveyors and auctioneers, has become the first-ever British Telemark skier to win a World Championship medal.
Jasmin won a Bronze medal at the Telemark World Championships, which were held in Steamboat Springs in Colorado, USA.
This is Landwood Group’s first foray into sports sponsorship and, as director Mark Bailey explained, the company chose a successful sportswoman in a specialised field to mirror the company’s own specialised practice.
Mark commented: “We are tremendously proud of Jaz. It is a great achievement for her to win a Bronze medal, especially as she is the first-ever British Telemark skier to do so. This is a magnificent result.”
Jasmin explained: “Following the traditional opening ceremony and public draw in Steamboat Springs, Colorado, I started number 7 for the Sprint race. The hill changed dramatically in pitch throughout, with a difficult jump dropping competitors into the steepest section. I finished both runs in third place, achieving a World Championship bronze medal for Great Britain.
“This was the first-ever podium finish for Great Britain in Telemark skiing and it wouldn’t have been possible without the support of the Landwood Group, so I would like to thank them very much indeed.
Jasmin, who is just 21 years old, is the top Telemark skier in the country and is well on the way to becoming one of the best in the world. To the uninitiated, Telemark skiing is widely regarded as the purest form of skiing.
“Telemark skiing came from Norway. It is very similar to conventional downhill skiing but varies, though, as the skier has the extra challenge of negotiating a large jump half way down the slalom course, as well as a cross-country skating section towards the end, further testing their endurance,” explained Mark.
Landwood Group Promotes Helen Lee To Director
Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers have promoted Helen Lee to director.
Helen, who joined Landwood Group from Eddisons in 2013, specialises in property valuation, management and disposal. She is based at Landwood’s Manchester office.
After completing a law degree at the University of Leeds, Helen joined Eddisons where she also took a post-graduate course in surveying and subsequently qualified as a chartered surveyor.
Mark Bailey, director of Landwood Group, said: “Helen’s promotion is richly deserved and reflects the excellent impact Helen has had since joining Landwood in 2013, delivering a highly professional service to our existing clients and building productive relationships with new clients.
Helen commented: “This is both a great honour and huge opportunity for me. I have thoroughly enjoyed my time at the Landwood Group so far, working as part of a close-knit, motivated and hard-working team.
“I have spent a very valuable few months on secondment to a major bank, which has enabled to me to look at the whole world of insolvency, recovery and asset management in the property sector from a new perspective.
“My new position as a director will enable me to promote every aspect of the Landwood Group’s operations more effectively and I look forward to playing a major role in raising the company’s profile and expanding its client base in the north of England,” she added.
Helen has recently qualified as a fellow of the Association of Property and Fixed Charge Receivers.
Michael joins Landwood Group to strengthen Property Team
Landwood Group, a leading northern chartered surveyors, asset managers and auctioneers have appointed Michael Fitzpatrick as a senior surveyor.
Michael who joins Landwood Group from ES Group, will specialise in property valuation, management and disposal. He will be based at Landwood’s Manchester office.
Michael has been a surveyor for more than seven years. His initial role was as a graduate surveyor at Edward Symmons LLP, now the ES Group, in the Valuation and Corporate Recovery Department, before becoming a member of the Royal Institute of Chartered Surveyors (RICS) in April 2010 and being promoted to a senior surveyor in April 2012.
This role at the Landwood Group will focus on providing services for major lending institutions and insolvency practitioners, covering all aspects of surveying to include asset management, valuation, Landlord and Tenant and agency. The properties will generally consist of residential portfolios, development sites and commercial properties throughout England and Wales.
He commented: “I am delighted to be joining a company as progressive and successful as Landwood Group. This move is a great opportunity for me and I am looking forward to becoming an integral part of a close-knit and hard-working team”.
Richard Parkinson, director of Landwood Group, added: “We are extremely pleased that Michael is joining our team. He will play a significant role in the growth of the property side of the business and his expertise will be invaluable as we continue to expand and provide the best possible service for our clients.”
Ex-Countrywide Chairman joins Landwood Group as Non-Executive Director
Harry Hill, the former chairman and chief executive of Countrywide Plc, has joined the Landwood Group, the leading northern chartered surveyors, asset managers and auctioneers, as a non-executive director.
Mr Hill, one of the most respected and experienced property professionals in the UK, joins the Landwood Group with immediate effect.
He commented: “I am delighted to join the Landwood Group in a non-executive capacity and will be excited to contribute ideas and guidance to the directors and senior management team as they seek to consolidate and expand their impressive business so as to be even better able to serve their impressive list of blue-chip clients.”
Mark Bailey, a director of the Landwood Group, who have offices in Manchester, Leeds, Birmingham and London, said: “This is a tremendous coup for us. Harry Hill’s expertise, network and experience will be invaluable to us. We have worked with Harry on an informal basis in the past and we are now delighted to welcome him aboard in a more official capacity.
“His decision is join us is a resounding endorsement of the progress we have made, and the reputation we have forged, since we set up the company six years ago. To be able to attract someone of Harry’s calibre is extremely satisfying. He will play a pivotal role in the growth of our business as we continue to expand and to provide the best possible service for our clients,” said Mr Bailey.
Mr Hill ran Countrywide Plc for 20 years before selling the company for £1bn to USA-based Apollo. During those 20 years, Rightmove was created and floated, while Chesnara Plc was spun out of the group.
The Landwood Group was founded with just two staff and specialises in asset valuation, management and disposal, the Group now employs 20 people across four offices.
The company deals with plant and machinery and property assets for banks, insolvency practitioners and large private clients. They have grown strongly in the last 12 months and are heading for a record £2m turnover this year.
For further information, please contact Robert Beaumont of Robert Beaumont Associates on 01423 323139 or 07710 127713
Jasmin Taylor Shortlisted for Award
Jasmin Taylor, the UK’s No 1 Telemark skier and sponsored by the Landwood Group, has been short-listed for the Suffolk Sports Personality of the Year Award.
The Suffolk Sports Awards are intended to reward and celebrate individual excellence and team achievement as well as recognise those people who work tirelessly ‘behind the scenes’… our unsung heroes!
More information about the award, together with the link to vote for Jasmin can be found by clicking here.
Landwood mastermind sale of flagship Milton Keynes offices
The Landwood Group, the leading northern-based property surveyors, auctioneers and asset managers with offices in Leeds and Manchester, have sold a flagship two-storey office building in Milton Keynes.
Luminar House, a 48,880 sq ft detached building which was built in the 1980s on a 3.2-acre site, was bought by a private investor.
Situated in Deltic Avenue, in the Rooksley area of Milton Keynes, Luminar was sold by the Landwood Group on behalf of a national bank. It is part-occupied by five tenants, producing a rent in excess of £219,000 a year.
Simon Dove, Associate Director with Landwood in the company’s Leeds office, commented: “We were instructed by the client towards the end of 2013 and have since explored all disposal angles. We also asset managed the property and carried out a marketing campaign resulting in this recent sale, which followed a competitive bidding process.
“This successful sale demonstrates the growing strength of the national office market, particularly where investors can see great opportunities to really add value over the medium term. We are experiencing good levels of interest across the board at the moment, particularly with well-positioned commercial assets that buyers believe have excellent potential,” said Mr Dove.
For further details, please contact firstname.lastname@example.org or ring 0113 403 2010.
Northern consultancies unite to sell £16.3m warehouse in South Wales
Dove Haigh Philips and the Landwood Group, two of the north’s leading niche property consultancies, have combined to sell a Grade A distribution warehouse in South Wales for £16.3 million.
The 20-acre Westway site, located at the entrance of Gwent Euro Park, the premier distribution park in South Wales, has been bought by the South African-based Leftfield Capital.
Westway comprises a 253,000 sq ft Tesco distribution warehouse within a large self-contained site with an annual rent of in excess of £1.5 million on a 15-year lease. The net yield was 8.9 per cent.
The building was sold on behalf of the Joint Fixed Charge Receivers. The Landwood Group, specialists in recovery work, and Dove Haigh Phillips, marketed the property.
Mike Dove, director of Leeds-based property consultancy Dove Haigh Phillips, commented: “We have a first-class working relationship with Landwood, based on a complementary skill set, and together we marketed and sold this very attractive investment. We trust this will be the first of many joint enterprises between the two of us.
“We received strong interest in Westway from quality sources, including UK funds, property companies and overseas investors. We were especially impressed with the performance of Leftfield Capital, who have delivered exactly what they promised,” said Mr Dove. “Overall, this prestigious deal underlines the national scope of our consultancy”.
Richard Parkinson, managing director of the Landwood Group, added: “The deal involved some excellent teamwork between Dove Haigh Phillips and our offices in both Manchester and Leeds. It is also a resounding endorsement of the quality of property advice and expertise available in the north of England, successfully concluding, as we did, a quality deal in South Wales”.
Gwent Euro Park is a prime distribution location at Junction 23A of the M4 motorway at the gateway to South Wales. It is 12 miles from Cardiff and 30 miles from Bristol and close to the second Severn Crossing.
Tesco itself has invested in Westway, two major wind turbine and associated infrastructure on site. The building itself has 60 fully-equipped loading bays, a single-storey office and amenity block, 222 car-parking spaces and 138 spaces for lorry trailers.
Meanwhile a nearby new link road has recently been constructed providing direct access to the city of Newport. This road also services Glan Llyn and Celtic Business Park, a 600-acre regeneration scheme by St Modwen including 4,000 new homes, which is now under construction, and a 1.5 million sq ft business park.
Landwood Sponsor Jasmin Taylor
Landwood Group, the leading northern-based chartered surveyors, asset managers and auctioneers, are to sponsor Jasmin Taylor, the UK’s No 1 Telemark skier.
This is Landwood’s first foray into sports sponsorship and, as director Mark Bailey explained, Landwood have chosen a successful sportswoman in a specialised field to mirror the company’s own specialised practice.
Mark said: “Jasmin, who is just 20 years old, is the top Telemark skier in the country and is well on the way to becoming one of the best in the world. To the uninitiated, Telemark skiing is widely regarded as the purest form of skiing.
“Telemark skiing came from Norway. It is very similar to conventional downhill skiing but varies, though, as the skier has the extra challenge of negotiating a large jump half way down the slalom course, as well as a cross-country skating section towards the end, further testing their endurance,” explained Mark.
Jasmin, who comes from Ipswich, is currently ranked No.11 in the world, as well as being the UK’s No 1. She is also the French Cup Champion of 2012/2013. She finished 2nd in the first World Cup race of 2013-2014 earlier this month (December) and is aiming to finish as No.5 in the world or better by the end of the season.
“We feel that Jasmin is the perfect fit for our business,” said Mark Bailey. “We heard about Jasmin and her success from a client of ours and, as keen skiers ourselves, we were extremely impressed. The opportunity to support a national sports person, who is the leader in their field, does not come along very often
“We were especially attracted by the fact that Jasmin is an expert in a specialist and technical discipline. We see parallels here with the specialist nature of our own practice, which deals with plant and machinery and property assets for banks, insolvency practitioners and large private clients,” said Mark.
The Landwood Group’s sponsorship will specifically help Jasmin to fund her training and competition programme across Europe and the USA. Jasmin does not get any money from UK Sport as Telemark skiing isn’t an Olympic sport – yet. However, Jasmin is championing the drive to get the sport included in the Olympics.
Jasmin commented: “The Landwood Group are a firm of chartered surveyors, asset managers and auctioneers, specialising in business asset valuation, management and disposal. They also happen to be keen skiers, which means that I am fortunate enough to be sponsored by this amazing company. Thank you so much to Landwood Group.”
You can find out more about Jasmin Taylor by visiting her website at http://www.jaztelemark.com
You can access Jasmin’s Twitter feed by clicking here.
Landwood dispose of Leeds Student Portfolio
Landwood Group have sold a portfolio of 22 properties on behalf of the Fixed Charge Receivers, Steven Williams and David Acland at Begbies Traynor. The portfolio was purchased by the Timothy Smith & Michael Khalastchi Partnership.
The portfolio consists of 22 student properties, currently producing £235,000 per annum with the potential to increase further. The properties were situated in Burley, Headingley, Hyde Park and Woodhouse.
Landwood’s Antony Rosindale said: “We were instructed to sell the portfolio in October, and after requesting best and final bids contracts were issued in November. Once solicitors were instructed the sale was completed within less than 8 weeks.”
“We had been instructed in March 2012 to manage the portfolio and performed a program of asset management to maximize realisations for our client.”
Landwood, a national practice, established a base in Leeds city centre in June last year. It provides expert advice on property, plant and machinery and business assets.
Established in 2008, the company’s clients include a wide range of insolvency practitioners, banks and specialist lenders. It provides due diligence advice and valuations for both lending purposes and for corporate restructuring and insolvency.
For more information contact Antony Rosindale by email email@example.com or call 0113 403 2010