Salisbury Gardens in Ventnor

Gully Howard Ltd filing for insolvency: Gully Howard Commercial Property Agents unaffected

Isle of Wight property firm Gully Howard Limited, which has been trading since 2008, is to go into insolvency.

A notice has been placed on official public record in The Gazette, for the appointment of liquidators for the property surveyors and commercial property agents for the Isle of Wight, Waterlooville and Bournemouth.

Sandra Mundy and Thomas Russell of James Cowper Kreston have been appointed as liquidators.

Commercial Property Agents unaffected
The news will not affect separate company, Gully Howard Commercial Property Agents, who will continue to offer commercial property sales and lettings regardless of the expected closure of the professional services side of the company.

Gully Howard Commercial Property Agents (GCP IOW Ltd – who trade under licence) have been successfully operating separately from Gully Howard Limited since 2016, using the Gully Howard name which it will continue to do.

Chambers: Still very much open for business
Gavin Chambers from Gully Howard Commercial Property Agents told News OnTheWight,

“We are very pleased to reassure our clients past, present and future that we are still very much open for business and are completely unaffected by the expected closure of Gully Howard Limited.

“We welcome all enquiries if you are considering selling your business, or looking to buy a business or investment. We have recently invested in new staff, equipment and are expecting a new Website to be ready soon in order to support our growing list of clients and further our continued expansion.”

Gully Howard Technical will be unaffected as they are a completely separate company and entity.