Administrators for some of the companies within the Southport-based investment business, 79th Group – which collapsed into administration in April this year – have instructed Landwood Group to realise assets from three of the failed asset manager’s properties.
Quantuma instructed Manchester-based Landwood to manage the sale of the assets after 79th Group was placed in administration.
The administration came amid an investigation by City of London Police into 79th Group. The company has denied any wrongdoing.
Two of the three properties are still on sale – with a former cinema in Birkenhead already sold by Landwood prior to the auction.
The others are a former workhouse-turned hospital administration building, in Northumberland and a two-storey office building in Warrington.
James Ashworth, partner and head of agency at Landwood Group, said: “These three very different properties all have their own unique characteristics and their own USPs.
“While we have already found a buyer for the Wirral site, we are confident that each of them will find buyers who will be able to take them forward, develop as appropriate and bring them back into occupation.”
He added: “We are specialists in this field and we offer a coordinated approach offering the administrators the expertise of our Recovery, Valuation and Agency teams.
“We hope to secure the best prices we can in the current market and all three properties should generate plenty of interest.”
The properties include the Fairnington Centre – a 1,700 sq m former workhouse which became a hospital administration building, in Hexham, Northumberland.
The second property is a detached two-storey office building at Birchwood Boulevard, Birchwood, Warrington.
Already sold is the former Gaumont Cinema, Park Road East, Birkenhead, which is a 1,523 sq m building with an art deco facade.