Company behind Hunters branch goes into liquidation
An office of Hunters in west London has been liquidated after facing a winding-up order and has shut up shop.
A branch of Hunters in London has gone into voluntary liquidation after HMRC petitioned for a winding up order.
Hunters in Ealing west London (main picture), which also traded under the name Bradshaw Estate Agents, closed its office a few weeks ago, and its website has been taken down.
It is unclear whether customers have been informed of the closure, or whether they have been redirected to another Hunters branch.
A search of the Hunters website shows that Northfields is the nearest alternative office.
Company restructuring specialist firm Begbies Traynor has been appointed as liquidators.
The firm’s sole director Narinder Joshi told The Neg in September when the winding up petition was made public that “It was a difficult time.”
“We are trying to get things resolved, but what can I do?” he said.
Joshi pointed to the downturn in the housing market as the reason for the firm’s demise.
The Neg has approached Hunters for comment.
200 offices
Hunters, which now has over 200 offices across the country, launched a hybrid business in 2021 with individual agents able to operate under licence using its brand name, an arrangement through which the branch involved is believed to have operated.
The estate agency group said at the time of the launch, there was no joining fee and minimal ongoing business costs, with the due diligence and on-boarding process taking as little as two weeks.
Hunters claimed the model was ideal for those with experience, such as valuers, looking to take a new step in running their own estate agency business in their locality, as well as those looking to choose their own working hours or even semi-retire.