Category: Hotel Valuation (2)

Musson Liggins is ‘future proofing’ the company, with the appointment of a new equity director.

After years of working for both privately owned and corporate practices as an employee, Matthew Wade, 38, has joined the rank of existing equity directors, and hopes to kick-start a new era at the firm, with the practice becoming more diverse as a result.

Originally from South Yorkshire, Matthew first came to Nottingham after graduating in 1999 as a surveyor, and has since built a renowned reputation within the area.

In his extensive career portfolio, Matthew first joined FHP in Nottingham as part of the office and industrial agency team, until he was approached by Roger Davis at Geo Hallam & Sons, where he completed a further nine years of agency work.

Matthew said: “During my time there I literally went from dealing with £150,000 properties, to £11m properties overnight.

“I learnt an awful lot in my nine years, and that experience is what provided the building blocks to this latest opportunity.”

In 2009, Matthew was asked to join Robert Clarke Chartered Surveyors but after a year, the company was bought out by Chesterton Humberts, where Matthew became Head of the Agency Department and and Head of Office.

This was until Graham Parkinson, Director of Musson Liggins, asked Matthew to take equity at Musson Liggins. Matthew has known Graham throughout his career, and they have always kept in touch – partly because of their mutual love affair with cars.

Matthew, who joined the firm in March 2016, said: “I always wanted to be a part of a company where equity opportunities were possible. Graham contacted me to arrange a chat, and the rest, as they say, is history.”

David Bladen, also equity director at Musson Liggins, said: “Taking on Matthew is part of future proofing the company. The idea is to bring strength and volume to the agency department, whilst adding to what we already do well.

Over the past ten to fifteen years, we have gained an excellent reputation for providing valuations to facilitate borrowing, predominantly for purchasing commercial and residential property. We hope that having Matthew on board will widen our opportunities with our existing clients as well as enabling us to attract new clients to the firm”

Matthews’s appointment coincides with the company’s visual re-brand, which includes new boards, new logos and a new website.

A couple have taken over a family-run hotel in Lenton.

Carrie and Delon Chau bought P&J Hotel, in Derby Road, from the Grandfield family, who have owned and run the property for the past 30 years.
It was put on sale by commercial property consultants Musson Liggins, based in Clarendon Street, which said it was bought for “close to” its £950,000 asking price.

Musson Liggins director Matthew Liggins said: “It has been a pleasure to act on behalf of the Grandfield family and to conclude a sale of the hotel on their behalf.

“A strong price was achieved, representing the quality of the business operated by John, Anna and Daniel Grandfield over 30 years and the strong retail estate position of the hotel in Nottingham.”

P&J Hotel, which is located less than a mile from the city centre, includes a tea room, bar and lounge, and pool table.

Before the Grandfields took over it was owned by the Daly family for 14 years.

John Grandfield added: “It is a pleasure to hand over the P&J Hotel to Carrie and Delon, and we wish them good luck and every success.”