Pangolin Enterprises Ltd (Property & Buildings)
We help Charities increase their effectiveness by the strategic re-alignment of Property Assets - be it the disposal of a complex property which has become burdensome or generating income from existing property.
Partial Lockdown has been hard on charities - glad to have been able to assist a few:
Conference centre – will run out of cash in June due to Covid 19 shutdown. Has been unable to access short-term funding, but I have got agreement for a £250,000 loan which will allow them to move into a longer selling timescale and achieve better returns.
Church – has just bought a building, need to get on with refurbishment whilst it is empty, but it’s in a conservation area so they have difficulty conceiving how to handle the process. I now have an architect working on it online, and have established a project plan that allows much of the downtime to be used as it would’ve been regardless of lockdown.
Retreat Centre – I have managed to get the centre on the market despite the challenges of getting trustee identities approved whilst they are shielding and change of senior management. Pre-marketing phase has taken longer so need to start sooner. Over 20 interested parties awaiting open day.
Residential properties owned by church – we have managed to deal with tenant departures, preparation for marketing, online viewings, Covid19 deep clean - all within lockdown.
Asset rich, cash poor?
Even Richard Branson may have to put his island on the line.
Is your property an asset or a liability, and how do you go from one to the other in a difficult market?
Asset rich, cash poor – it doesn’t always have to be that way. Having found a way through the 2007 property crash there are lessons which can help charities work their way through this crisis to a better market.
Recent projects include:
- Developing a property strategy to survive recession or shutdown
- HQ relocation
- Sale of Wycliffe Centre
- Assist WEC in sale and purchase of properties
- Developer engagement on complex property
- Land Search
- Experience of Grade 2 listed properties - refurbishment and sale
- Letting residential property
Director level experience in Human Resources, Publishing, Property and Commercial Management