Arcadia HQ assets up for sale this week
Arcadia Group’s Executive Suite is up for sale this week by Hilco Valuation Services. Hilco is selling chairs, sofas and desks from the Colegrave House executive suite, as well as other boardroom and meeting room furniture and a fully equipped kitchen and catering facility.
Kevin Smyth, MD of Hilco Valuation Services Europe for Hilco Global, who is co-ordinating the marketing campaign, said: “The portfolio of Arcadia assets being offered is typically ‘best in class’ with the Executive Suite being an example of this comprising the highest quality for furniture of this type.”
It’s expecting plenty of interest in the items with March 24 and 25 seeing the auction of substantial quantities of IT, designer furniture, photographic studio equipment and fabric cutting and sewing machinery and accessories.
Separate private treaty sales will be held for the contents of the Executive Suite and the commercial level kitchen and catering facility with a deadline of March 26.
The Arcadia London HQ sales “will be followed by further sales of assets by Hilco in due course, which could include Distribution Centres and equipment at other locations”.
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