Advice to Landords for Swallow / L&E in Administration

20 September 2006

Swallow Hotels / London & Edinburgh Inns were placed into Administration in September 2006. The Administration is being dealt with by Ernst & Young.

If you are a Landlord of any of the properties it is imperative you take sound professional advice to protect your asset and maximise the realisable price. Creevy LLH are very familiar with many of the Hotels & Bars acquired by Swallow / L&E over the last few years having valued the properties for previous proprietors (prior to sale and leaseback) or indeed from selling a large number of properties to Swallow / L&E.

We can provide landlords with independent advice on:

  • Reviewing the options for the business and whether short or long term management is an option and the likely short and long term profitability.
  • Protecting a closed asset or consider reopening.
  • Providing independent capital and rental value advice for bank security purposes.
  • Acting as selling or letting agent to maximise return.

As Scotland largest independent firm of chartered surveyors specialising exclusively in the licensed leisure and hotel sector we are best placed to assist you.

In the first instance please contact Alan Creevy BSc. FRICS on 0141 248 9400 or alan.creevy@creevyllh.com