SITE ADDRESS: Land on corner of Wellfit Street and Hinton Road, London SE24

We were appointed by Gateley Plc and Begbies Traynor acting as liquidators to market and dispose of this former scrap yard in Herne Hill. Our clients were seeking a prompt unconditional sale and so a structured marketing campaign was undertaken with a set deadline for offers. A range of offers were received for the site. Contracts were exchanged with the selected buyer within two weeks from acceptance of the offer with completion of the sale two weeks thereafter. A figure was achieved 30% in excess of the guide price, and our client was thrilled with outcome. Our Corporate Asset Services team undertakes asset management and disposal work for banks, building societies, receivers, funds, institutions, charities and local authorities. We are always happy to offer free advice on how to maximise the value of a single asset or portfolio and we operate nationwide. Please do not hesitate to contact me or one of my team directly to discuss your options in the utmost confidence. PROJECT ADDRESS: Land on corner of Wellfit Street and Hinton Road, London SE24 SALE PRICE: £2,550,000 CLIENT: Gateley Plc & Begbies Traynor