Oatlands tenants say trade goes on despite owner's woes
THE company that owns the Oatlands complex was put into administration after the Royal Court was told that it owed £1.765m. to the bank.
Published
'IT'S BUSINESS as usual,' is the message Oatlands tenants are desperate to send out after a shock announcement that the site has gone into administration.
The administration order was granted by the Royal Court after the company apparently owed the bank £1.765m. and was unable to arrange re-financing.
Tenants on the site discovered the news following a letter from newly-appointed administrators Grant Thornton.
But they want the public to know that, while the overall company is no longer trading, they are.
