Warburton-owned Giles Foods, bread and pastry manufacturer announced the closure of their Milton Keynes plant in 2017. The client needed to dispose of a large bakery facility ahead of a deadline to allow rectification of dilapidations.
Eddisons CJM approach included the sale and disposal of the large, complicated process plant through auction and private treaty.
Time was restricted as there was already a date agreed with the property agent to clear the site.
Eddisons CJM was able to secure a negotiated sale with the new tenant who agreed to buy the contents of the whole plant.
Instead of going through the auction route, the private treaty sale included the negotiation of the lease and contents of the factory.
The project was completed two weeks before the deadline, which allowed the client to save on dilapidation costs.
Please call us or email directly for a confidential discussion with no obligation. Alternatively, please complete the form below if you have any questions or to request a valuation or asset appraisal. For valuations/appraisals please also upload an image and provide further details of the asset (i.e. make, model, location, condition etc.).