Gordon Brothers, the global advisory and investment firm, is offering for sale by online auction the tall ship Lord Nelson on behalf of Richard Lewis and Sarah O’Toole, the Joint Administrators of Jubilee Sailing Trust Limited.
Lord Nelson was built in 1985 and is the first tall ship in the world designed to accommodate personnel of all physical abilities to sail alongside the ship’s crew. The tall ship includes accessible toilets, a speaking compass, braille and power-assisted bridge.
“Lord Nelson is back on the market and presents a fantastic and rare opportunity to acquire a vessel through an online auction within the international marine markets,” said Simon Bamford, Director, Commercial & Industrial at Gordon Brothers. “This historic and renowned training ship accommodates any individual who sails and has circumnavigated the globe and sailed at various races and regattas.”
For ship specifications and online auction details, please visit BidSpotter.
Gordon Brothers has established a dedicated marine services and valuations practice that leverages decades of experience buying, selling and valuing assets in the commercial and industrial economy across Australia, Brazil, Canada, the U.K., Europe, Japan and the U.S. The firm provides advisory services including fleet and vessel renewal analysis, disposition and investment strategies.
About Gordon Brothers
Since 1903, Gordon Brothers (www.gordonbrothers.com) has helped lenders, management teams, advisors and investors move forward through change. The firm brings a powerful combination of expertise and capital to clients, developing customized solutions on an integrated or standalone basis across four services areas: valuations, dispositions, financing and investment. Whether to fuel growth or facilitate strategic consolidation, Gordon Brothers partners with companies in the retail, commercial and industrial sectors to provide maximum liquidity, put assets to their highest and best use and mitigate liabilities. The firm conducts more than $100 billion worth of dispositions and appraisals annually and provides both short- and long-term capital to clients undergoing transformation. Gordon Brothers lends against and invests in brands, real estate, inventory, receivables, machinery, equipment and other assets, both together and individually, to provide clients liquidity solutions beyond its market-leading disposition and appraisal services. The firm is headquartered in Boston, with over 30 offices across five continents.
About Jubilee Sailing Trust Limited
On 26 August 2022, Richard Lewis and Sarah O’Toole of Grant Thornton were appointed Joint Administrators of Jubilee Sailing Trust Limited. The principal asset of the Company is the tall ship, Lord Nelson.
The Company is a subsidiary of the charity Jubilee Sailing Trust (the Charity). The Charity operates another tall ship, Tenacious, via a separate subsidiary Jubilee Sailing Trust (Tenacious) Limited. Tenacious and Lord Nelson are the only tall ships in the world designed and built to be sailed by a truly mixed ability crew, including people with a wide variety of impairments and health conditions. For the avoidance of doubt, both the Charity and Jubilee Sailing Trust (Tenacious) Limited are not in administration and continue to trade.