Sandy’s Fishmongers was known as a retail institution for local residents in Twickenham, until the untimely death of the owner just before Christmas 2025. Sadly, the owner ran the business single handedly and there was no one else able to administer the business in order to keep it trading, hence the doors closed abruptly, and the local community were suddenly left without Sandys for the first time since 1978.
The owner’s death sadly led to the liquidation of the business which, as a fundamentally profitable business was to be sold by the liquidators, together with the freehold interest in the shop and upper parts, hence Sneller Commercial’s valuation team were instructed to prepare a valuation report for these purposes and also Inheritance Tax for the estate.
The inspection of the property revealed that much of the stock in the freezers and all equipment remained in place as if the doors had only shut temporarily. The covered yard at the rear of the accommodated ancillary space for storage and refrigeration and the first floor was ancillary staff and office accommodation.
Our Approach
Using our extensive knowledge of the local market, we were able to advise on the market value of the property, providing an impartial and independent valuation within a short time frame to accommodate the liquidation sale. Our report was undertaken in accordance with the RICS Valuation – Global Standards (effective Jan 2025) and UK National Supplement.
Working closely with the solicitors handling the liquidation process who are well known to us, led to the reopening of the shop under the new name of Moxons Fishmongers, around six months later on the 30th June. Moxons has got off to a good start and has been well received in the local community.
Case Study
Bermondsey Street Period Office Building, Borough SE1
Our client, a charity, was considering the purchase of a five-storey period office building on Bermondsey Street, Borough SE1, for owner occupation.