Interest has been expressed from potential purchasers of the unfinished Shankly Hotel in Preston city centre - but problems with its “fire strategy” could be putting them off.
The administrators’ update report - which covers a period that ended shortly before the amended description was given the green light - refers to a planning application having been submitted which “addresses the various issues around building control and fire strategy, which in turn should make the property more attractive to interested parties”.Those issues were also blamed for a delay in appointing a selling agent.
A range of potential interested parties are being targeted - in addition to those that have already made expressions - including the hospitality and leisure sectors, entrepreneurs, lawyers, corporate financiers, turnaround specialists, business advisors and private equity firms. Kroll says that construction costs incurred since it was appointed administrator last year have totalled £936,000, which has been funded by a secured creditor.
Belgique Dernières Nouvelles, Belgique Actualités
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