The case presented many challenges that the West One Development team working alongside Empire Global Finance, had to manage and provide solutions to multiple challenges involving the physical property, the land, and ownership structure. The property is a Grade II listed 4-storey, historic property In London used as an NHS medical facility. To further complicate the situation, the property is located in a conservation area, necessitating an extensive and costly planning process.
The new owner initially tried to purchase the property before the auction, only to be rebuffed, and then purchased at auction in 2019. The ownership structure was an offshore structure, where the Ultimate beneficial owner (UBO) was based offshore.