The shops are all in Kent and were owned by the business. They are located in Royal Tunbridge Wells, Tonbridge and Tenterden. Baldwins’ eight other branches are believed to have been leased.
The sale is being overseen by joint receivers Leonard Curtis and Westgates Restructuring. Receivers manage and potentially liquidate assets of a business if it has to satisfy debts owed to a creditor.
Phil Deyes from Leonard Curtis said: ‘’Our role as fixed charge receiver is to manage and sell the properties over which we have been appointed.” He added: “We are not responsible for the management or operations of the travel agency.”
The firm will not be dealing with booking enquiries, while Abta is processing claims involving pipeline monies.
Baldwins Travel has endured a difficult few months; Abta suspended its membership after the agency failed to provide the necessary financial information. The agency then lost its Iata accreditation and decided not to renew its membership of Advantage Travel Partnership.
Managing director Nick Marks and marketing and commercial director Tricia Lester attended Advantage’s annual conference last week at the consortium’s invitation.
It will run a webinar on Friday (23 May) to outline its managed services proposition and homeworking membership options to former Baldwins staff. Advantage said: “If you are thinking of setting up on your own or collaborating with other colleagues on opening a store, then this is the perfect webinar for you.”