Property specialists Arron Kendall and Simon Thomas have been appointed administrators over Alvis House Limited, which is part of the Versant Developments Group.

The company’s owns a freehold site know as Courtlands Farm in Banstead, Surrey. The land is approximately 44 acres and comprises a former MOD ammunition depot site, 3 residential dwellings and various farm buildings/ barns.

The land was intended to be established as a luxury country estate with planning permission for 9 new builds (a mix of 4, 5 & 6 bedroom houses) and the redevelopment of the existing 3 properties, to create 12 high-end properties. There will also be various private amenities, such as a tennis court and gym.

Moorfields are currently exploring options for the site.

Arron Kendall, Partner at Moorfields, said: “Courtlands Farm provides a great opportunity for the right purchaser, as the development is situated in an excellent location, with considerable opportunities to add value."



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