In our recent updates we informed you that a number of offers had been made to the owner for the purchase of the Golden Lion, regrettably these have all been flatly rejected. Over the last 12 months we have been working closely with Cheshire West and Chester Council (CWaC) and we have had a jointly procured valuation completed by Avison Young. This was completed in the late Summer. CWaC have now formally written to the owner referencing the output of this new valuation and clearly stating that this would be the starting point for the Compulsory Purchase Order (CPO) process. […]
Yearly Archives: 2022
3 posts
The Ashton Hayes Community Hub Committee have been busy despite restrictions caused by the pandemic for another year. The Golden Lion was relisted as an ACV on the 29th April 2021 and the subsequent moratorium was triggered and ran its course concluding 6 months later. A formal offer of £342,000 was submitted under the moratorium via the then selling agents Wright Marshall. The owner within the same week then de-instructed Wright Marshall and appointed a new agent in BA Commercial of Chester. Our formal offer was then resubmitted to BA Commercial. Following a Sandstone ‘Ward Walk’ in 2021 with the […]
The Asset of Community Value legislation provided us with a six month moratorium to allow us to identify funding and place an offer for the Golden Lion to the owner. During the process we were able complete a viewing of the property in order to gain an insight into any further deterioration of the premises and to assist us in gaining an accurate valuation of the property. We were subsequently able to put a formal offer forwards via the agents to the owner within the moratorium period. Unfortunately the offer, which was a very fair one in our opinion based […]