Sale of Osborne House 27th June 2022
15 months after Osborne House was marketed for sale and following the abortive negotiations with a Hong Kong based business, the Board accepted an offer in May 2022 from a London based shipping company and the sale of Osborne House was completed on Friday June 24th.
Hadley Shipping Group Ltd are a family-owned shipping business that was founded in 1926 and has been trading for almost 100 years Following the receipt of the offer, and in the wake of increased sanctions placed on a number of individuals and companies following Russia’s invasion of Ukraine,
we carried out rigorous due diligence on the company and their subsidiaries. On 10th May 2022, all parties were able to agree on Heads of Terms pertinent to the transaction. In the subsequent period, Hadley Shipping Group Ltd have carried out their own extensive due
diligence on Osborne House, including a building survey and inspections with both architects and quantity surveyors. All counterparty due diligence has been signed off on both parties by both Knight Frank LLP and Savills (UK) Limited.
We have agreed terms with Hadley’s on a 3-month leaseback on Osborne House, this allows us sufficient time to find new office space and to vacate the building. The lease expires on September 23rd 2022. As you will appreciate, there is now a substantial amount of work involved in vacating Osborne House, moving to new office and planning the financial future of the Association. I will be able to provide you with an update at the NAC meeting on 19th July.
On behalf of the Board of Trustees
Pat Penno and Sheila Hadlow-Mount meeting Jorgito and Patricia Simão from La Jardin Parque de Lavanda-Gramado BrazilJorgito and his wife Patricia were visiting Cornwall and were very interested to know about NAFAS. Pat and Sheila agreed to meet up with Jorgito and Patricia :-"I arranged a day, along with Sheila, our ex. past National Chairman, to meet at St. Austell. They were staying in Redruth and here to visit gardens. They have three gardens and twelve gardeners in Brazil, and were very keen to learn about Flower Arranging and how NAFAS works. We were treated to lunch and had a great time discussing and sharing our knowledge. We took along some Focus and Flower Arranging Magazines for him to take home to study further.
Our feelings were that he would like to extend his business by having flower arranging, using plant materials from his garden.The pictures he showed were stunning and both would love a visit!! Jorgito and Patricia were very pleased and thankful for the knowledge we had given them, and they are definitely going to keep in touch.
I received an email the next day and he said it was the highlight of his holiday. He is now sure the NAFAS information brought new ideas and approaches for his future.
Just watch this space." Pat Penno (May 2022)
NAFAS - National Show
Date : May 12th, 13th, & 14th 2023. (Set up will be on May 11th and take down on May 15th)
Venue : Gloucester Cathedral
I am thrilled to announce that our next actual National Show will be held in Gloucester Cathedral on May 12th, 13th, & 14th 2023. Set up will be on May 11th and take down on May 15th.
This is all the news we have at the moment. I shall keep you posted as the plans develop and the show takes shape into something a little different.
At the moment my first task is to create a team to work on the operational details of budget, logistics, publicity and all the other far from creative aspects that are so important.
Katherine Kear MDPF