News - Midlands

Buyer sought for The Pavilion

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Property adviser Cooper Parry is seeking a buyer for The Pavilion, a 1.45-acre property in Burley on the Hill, Oakham. Tyrone Courtman and Alison Timperley from the Nottingham-based agent have been appointed joint receivers to the site.

Courtman, partner and head of business restructuring, recovery and insolvency at Cooper Parry, said he was optimistic that a deal can be struck for the sale of both properties.

The Pavilion, which is split over three levels, is a five bedroom bungalow-style home. It incorporates an open living space of more than 9,000 sq ft, a swimming pool, triple garage and extensive grounds overlooking the grounds to Burley House.

Courtman and fellow partner Nick Edwards were recently appointed to find new owners for Kinmel Hall - the largest private residential property in Wales.

He said: “Naturally, we hope that matters can be resolved as quickly as possible on the two sites, as both properties are unique in their own way and both offer enormous potential for the right purchaser.

“We have had some very good interest for The Pavilion because it is a unique new build property of considerable appeal set in a very prestigious location and it offers considerable scope for more extensive utilisation of the space to suit an owner’s individual requirements and circumstances.

“We believe the property is likely to appeal to families looking to relocate to Leicestershire and Rutland area, perhaps to a residence which is ideally located for Oakham School. We are confident we can conclude a sale for this property.”

 
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