Sun Nov 17, 2019 London
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MOVERS & SHAKERS

The snakes and ladders of society A chronicle of drama, scandal and success in London, Paris, New York and elsewhere

Receiving Broadwell

One of the UK’s most stunning repossessions, sold for £9.3 million in 2012, comes to the market for just £6.95 million

 

Law of Property Act Receivers act for banks and private lenders when the terms of mortgages are not met. Broadwell Manor in Gloucestershire is not the kind of house one would normally associate with such individuals but, as we reported in June, neither would one expect such a fine property to end up in the ownership of a man who would subsequently be accused of stealing £12.5 million from the very company he was chief executive director of.

 

One of Britain's most stunning repossessions: Broadwell Manor, Broadwell, Gloucestershire, GL56 0YD
One of Britain’s most stunning repossessions: Broadwell Manor, Broadwell, Gloucestershire, GL56 0YD
Former owner Adrian Burford appeared at the High Court in June and now his former home is in the hands of the LPA receiver
Former owner Adrian Burford appeared at the High Court in June and now his former home is in the hands of the LPA receiver
Another former owner is a financier named Iain Shearer
Another former owner is a financier named Iain Shearer

Adrian Burford, who once supposedly stated: “I make no apology for being quite expensive to run”, is just such a man. Pursued in the High Court by his former employers, a private equity investment company named Fern Advisors Limited, allegations surfaced that this company director used the majority of the money to fund the purchase of Broadwell Manor from a man named Iain Shearer, whom The Mirror, dubbed “one of Britain’s most controversial legal loan sharks” in 2011. According to the Mail Online, Burford paid a staggering £9.3 million for the house in 2012 against an asking price of £8 million (others suggest the actual sale price was a much lower £8.5 million) and lived there with his wife Dr Amber Kennard and their young children.

 

Now, we can reveal, Broadwell Manor is for sale again but this time at a very much reduced price and at the instruction of an LPA receiver named Mr G. T. Georgiou. Agents Beauchamp Estates and Knight Frank seek just £6.95 million for the 35.23-acre estate which includes 18,903 square foot of accommodation split across the main house and 6 ancillary dwellings.

 

The setting of the house is idyllic
The setting of the house is idyllic
Broadwell Manor is set in delightful Cotswold countryside
Broadwell Manor is set in delightful Cotswold countryside
The neutral decor of the drawing room gives little away
The neutral decor of the drawing room gives little away
The colour scheme of the dining room is equally bland
The colour scheme of the dining room is equally bland
The main staircase hall is again indicative of a house that needs an input of personality
The main staircase hall is again indicative of a house that needs an input of personality
The grounds incorporate lawned gardens and a tennis court
The grounds incorporate lawned gardens and a tennis court
And Broadwell Manor also comes with a number of ancillary residences
And Broadwell Manor also comes with a number of ancillary residences

The sales brochure for the Cotswold stone listed period house, which was largely built in 1757, specifically lists the following:

 

“It should be noted that it is believed that some structural work has been carried out historically to the house and cottages without the necessary planning or listed building consents”.

 

Broadwell Manor is a property that truly deserves an owner who will truly reflect its stature and one whom will respect it for what it is. We very much hope a happier chapter comes next for this Cotswold gem.

 

 

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Comments

8 comments on “Receiving Broadwell”

  1. I was at college with Mr Burford…he was always in a hurry to go places then!! Sounds like he won’t be collecting £200 when he passes go…but might go somewhere else…to use the Monopoly parlance!!

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