ADMINISTRATORS acting for collapsed pub company Maclay Group have appointed licensed trade specialists CDLH to find a buyer for its 15 units.
The move comes as Ernst & Young (EY) confirmed significant interest has been shown in the pubs, which include The Three Judges in Glasgow, The Rule in St Andrews and Balloch's Tullie Inn.
A spokesman for EY said it was too early to say whether the outlets will be sold as a package, in bundles or as individual units. He also said no timescale as been set by EY for the administration process.
EY confirmed on Friday that four redundancies had been made at Maclay Group's Alloa headquarters. This followed the transfer of a management contract that subsidiary Maclay Inns held with Thistle Pub Company III to LT Pub Management Limited.
Maclay Inns had run the seven freehold pubs owned by Thistle III under contract until January 23, the day Maclay Group entered administration citing an "unexpected funding requirement".
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article