| Rent Recovery |
Like many facets of business, what some individuals and organisations may lack in technique they compensate for with pressure. Any sledgehammer can crack a nut. While the results in the short term can prove effective the damage in the long term for commercial relationships and brand identity in the marketplace can prove irreparable. There is no finer example of this than the sector of debt recovery which covers rent collections. Since 1978 Julious has been undertaking delicate and discreet rent collection instructions on behalf of multi-national, national and regional clients ranging from large scale shopping centre operators to private commercial landlords. Recoveries for commercial rent collections undertaken by Julious Bailiffs and Enforcement Officers in 2007 averaged 99%, with collections either recovered on-site after discussions with the tenant or following seizure of goods under the Distress for Rent Act and liquidation of goods realising proceeds to cover monies owed. Acting for many UK Property Agents, we understand the landlord-tenant relationship is critical. Short term cash flow considerations have to be managed alongside long term lettings and property interests. Many bailiff firms incur high logistical and storage charges after seizing goods waiting for an appropriate means of sale to liquidate goods to raise proceeds for landlord monies and costs owed. Julious does not have this problem. We occupy offices alongside sister company, John Pye & Sons, one of the largest independent auctioneers in the UK. Twice weekly general auctions attracting hundreds of buyers from across the UK and achieving an average sales throughput rate of 97% provide strong opportunities to raise monies fast without extra disbursements eroding the cheque to client sum. E-Mail:
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John Pye & Sons: www.johnpye.co.uk.
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| Continued Success for UK Landlords During the past 12 months, supported by a unrivaled haulage and storage infrastructure, Julious bailiffs and enforcement officers have achieved a incredible 99% recovery rate on a wide array of rent instructions. |