Tuesday, September 28, 2010

David Ross: Selling Market Harborough by the pound?

Back in January I blogged about reports that the property company Kandahar was in trouble.

This report interested me for two reasons. The first is that Kandahar owns a considerable amount of commercial property in the centre of Market Harborough. As the Harborough Mail put it at the time:
Kandahar owns the St Mary's Place shopping centre in Harborough, as well as the two buildings in High Street which house the Subway restaurant and the Monsoon clothes shop.
The second reason was that Kandahar is owned by David Ross. He lives at Nevill Holt, which is widely thought to be the house which inspired Bonkers Hall.

Yesterday the story moved on, with reports that Ross is considering all or part of Kandahar's property holdings. As Bridging & Commercial put it:
It is understood that Mr Ross is considering putting either Drake Circus – the £230 million, Plymouth-based shopping centre – or his entire empire, the Kandahar Group, currently valued at £440 million, on the market.
But there has been nothing more about the rumour that Ozzy Osborne is to buy Bonkers Hall.

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