Landlords are once again in talks with the UK’s largest car park provider NCP, this time threatening to remove the business from a string of premises ahead of a vote on the company’s new restructuring plan.
The Telegraph reported on Sunday that the vote could tip the business into administration.
The restructuring plan would see a radical shakeup of NCP’s business model, with many landlords facing large rent cuts.
Some landlords have even gone into discussion with other operators, according to The Telegraph.
In May, the car park giant described the rent cuts as “last resort”, having started a process to pull out of contracts for unprofit…
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