Moorfields appointed administrators over part build development site in Kent

Property specialists Arron Kendall and Simon Thomas of Moorfields have been appointed joint Administrators over Beach Street Associates Limited.

The property development company based in Kent was in the process of building 14 town houses in a sought after location in Rochester.

“Beach Street unfortunately suffered a number of delays and costs overruns which left them unable to complete their recent development. We feel confident that the completed properties will achieve good prices, so we have retained the current contractors to finish the build. The development will be re-launched for sale in the next couple of months” said Arron Kendall, joint administrator

Interested parties should contact Steve Sartin. ssartin@moorfieldscr.com or call 0207 186 1144 for further information.

For media enquiries, please contact:

Katie Smith

Tel: +44 (0)20 7186 1144

Email: ksmith@moorfieldscr.com

About Moorfields

Moorfields is one of the UK's leading independent firms of restructuring and insolvency specialists. Our highly skilled teams include restructuring professionals and licensed insolvency practitioners who provide leadership, experience and high quality advice to companies and their stakeholders in financially distressed situations.

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