London Luton Chapel Street Student Accommodation Limited (08773901): administration
- Status
- In administration
- Administration began
- 2021-01-15
- Administrators
- Asher Miller, Stephen Mark Katz
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2013-11-13
- Location
- London
- Industry
- 41100 Development of building projects
Why it went into administration
- Property / lease costs
- COVID-19
From the administrators' statement
The Company was incorporated on 13 November 2013 and its principal activity was that of the development of building projects, specifically to develop a Purpose Built Student Accommodation (“PBSA”) scheme located at 21-25 Chapel Street, Luton LU1 SDA.
The site was acquired in 2013, with the deposit for the land funded by the directors’ consultancy firm, Experience Invest Limited (“EIL”).
Planning permission was granted on 27 March 2014 for the construction of a single six storey block at 21-25 Chapel Street, with ancillary parking facilities at the site adjacent to 27 Chapel Street, to be occupied exclusively by students. The construction project was completed in a single phase in 2017, with the completed block containing 87 units, some of which are arranged in clusters with shared facilities.
Administrators' statement of proposals (2021-03-23) · Companies House register