Chatham Place (Liverpool) Limited (05900410): administration
- Status
- Administration ended
- Administration began
- 2013-05-02
- Administrators' firm
- CG&Co
- Formerly
- Monalv Limited
- Incorporated
- 2006-08-09
- Location
- Manchester
- Industry
- 41100 Development of building projects
From the administrators' statement
The Company owns a plot of land at Chatham Place, Queensland Street, Liverpool (“the Land”) which ts held by way of a freehold title which benefits from planning permission to construct a 354 bedroom student accommodation building The planning permission ts due to expire on 1 October 2013
The Company had instructed agents based in Wilmslow, Cheshire to assist them with sales of individual plots contained within the development These agents subsequently instructed agents based in the Far East to assist with the sales As at the date of Administration the Company has successfully exchanged sale contracts on 37 individual plots Not ail of these sales were to persons domiciled abroad Each sale had the benefit of a performance bond underwritten by Northern & Western Insurance Company (“NWIC”) who are based in Nevis
In the event that the Company defaulted on the development then NWIC would hold a Qn legal charge over the Land
Administrators' statement of proposals (2013-07-08) · Companies House register