Garroch Investments Limited (13390881): administration
- Status
- Administration ended
- Administration began
- 2023-06-13
- Administrators
- Steven John Williams, Michelle Marie Elliot
- Administrators' firm
- FRP Advisory
- Formerly
- Garroch Property Investments Limited
- Incorporated
- 2021-05-12
- Location
- Preston
- Industry
- 41100 Development of building projects
Why it went into administration
- Funding withdrawn / unable to refinance
From the administrators' statement
The Company was incorporated on 12 May 2021 for the purpose of purchasing the freehold property at Princes House, 50 West Campbell Street, Glasgow, G2 6SE (the ‘Property’. The Company’s registered office address prior to our appointment was C/o Johnston Carmichael LLP, Birchin Court, 20 Birchin Lane, London, EC3V 9DU.
At the time of the appointment of the Joint Administrators, there were no employees of the Company.
The Property, which was purchased in June 2021, is the Company’s sole asset and is in a prime city centre location within the central business district of Glasgow. The Property comprises 59,425 sqft, arranged over a lower and upper basement, ground floor, and six upper floors, and benefits from 58 secure underground parking spaces.
Administrators' statement of proposals (2023-08-14) · Companies House register