Directors of De Villiers were appointed LPA Receivers over a 28,000 sq ft of office and research & development space on 11 hectares of land occupied by a company manufacturing electric cars, taxis and buses in Camberley. The Bank debt at the time of appointment was £6m.
The tenant’s lease expired prior to appointment and as vacant possession was required to maximise receipts, steps were immediately taken to secure the same. Occupation was deemed as unauthorised and an application for vacant possession was lodged at The High Court which was ultimately successful enabling the subsequent disposal of the property.
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2nd Floor, Berkeley Square House
Berkeley Square
London
W1J 6BD
Cavendish Works,
197 Burnt Oak Broadway
Edgware
HA8 5EH
T: 020 7887 6009
E: info@devilliers-surveyors.co.uk
De Villiers are members of the Royal Institution of Chartered Surveyors and RICS Valuers Registration Scheme.
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