THE company that owns and operates Glasgow’s well-known Lorne Hotel has gone into administration.
All 30 staff employed by Bellhill Limited have been made redundant with immediate effect following the appointment of joint administrators Blair Nimmo and Alistair McAlinden at Interpath Advisory.
In a statement, the administrators state the historically profitable business ran into financial difficulties following the imposition of coronavirus restrictions in March last year.
Although steps were taken to reduce costs and manage cash flow during the pandemic, the administrators said an “adverse legal finding” against the company in May left the director with “no other option than to place the company into administration.”
Efforts are now being made to find a buyer for the business. The Lorne Hotel, based in the west end of Glasgow, incorporates Bukharah, an award-winning Indian restaurant, and the Bilberry cocktail bar. The hotel has an extensive function suite and conference facilities with a capacity for 170 guests.
READ MORE: Scotland hotel fears as debts spiral and Covid pandemic travel restrictions bite
Mr Nimmo, chief executive of Interpath, said: “The impact of the pandemic and resulting lockdown on companies across the Scottish leisure and hospitality sector has been profound. Our priority is to work with all affected employees and the relevant government agencies to ensure a full range of support is available.”
Alistair McAlinden, head of the hospitality and leisure sector team for Interpath in Scotland, added: “We will be looking for a purchaser for the Lorne Hotel and its assets. Ideally situated in the west end of Glasgow and close to the city centre and its attractions, including the Hydro and the Scottish Exhibition Campus, this is an opportunity for a purchaser to acquire an asset with significant potential.”
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 hereLast Updated:
Report this comment Cancel