Despite this week’s encouraging fall in unemployment levels, it is clear the UK still has a long way to go towards economic recovery.... Read More
After going into administration five years ago, Kwiksave is back on the high street as its first pilot commercial property opens in Little Lever, in Bolton. But if the business failed five years ago, why would is succeed now?... Read More
The number of commercial properties that have gone into administration has increased by 64 per cent in the first three months of this year, when compared to 2011.... Read More
Costcutter, the local retailer which has over 1500 commercial properties in its portfolio, has saved 425 jobs by buying Rhythm & Booze, an off licence chain, out of administration.... Read More
GAME Group PLC have been given a lifeline after the commercial property chain was bought out of administration from PricewaterhouseCoopers (PwC) by OpCapita, an investment firm which specialises in turning around struggling companies in the retail sector.... Read More
According to figures collected by the Local Data Company (LDC), the number of commercial property shops lying empty in Britain has hit an all-time high of 14.6 per cent.... Read More
It is that time of year again; the one that many commercial property tenants will dread – when three months rent is paid in advance. Some may think this is a joke, as the quarterly rent payment falls on April Fools Day, but unfortunately this is no gag.... Read More
Struggling Game Group, the owners of GAME and Gamestation, have appointed PricewaterhouseCoopers (PwC) as administrators to act on the group’s behalf.... Read More
The GAME Group PLC, who operate both GAME and Gamestation, owns around 1300 commercial properties, could enter administration if a buyer is not found.... Read More
Commercial property hotel chain Travelodge, known for its £10-a-night rooms, is to be taken over by two US hedge funds... Read More
