Property Receiverships
P&A partners can act as receivers under a fixed charge over both commercial and residential properties.
We are experienced in keeping the business trading when this will protect the mortgagors' and owners' interests, and have a wide range of expertise in all types of business, particularly:
- public houses, night clubs and other leisure venues;
- residential and nursing care homes;
- hotels.
Through our working relationships with first-class commercial agents, we offer on a fixed fee basis:
- a viability report including business prospects, options to trade on or disposal with recommendations;
- receivers' and agents' fees.
Advertising and legal fees are charged separately, as is a regular reporting programme to suit your needs. We can obtain quotations for legal work when instructions are received.
This gives mortgagors:
- a clear view on disposal options;
- a fixed fee for disposal;
- regular progress information.