THE renowned Lorne Hotel in the west end of Glasgow has been put up for sale as administrators take steps to liquidateits owning company.
Thirty staff were made redundant in May when administrators at Interpath Advisory, the former restructuring arm of KPMG, were appointed to Bellhill Limited, reports our sister title The Herald.
The hotel, located in the fashionable Finnieston area on Sauchiehall Street, hadbeen historically profitable. However, the businesshad seen turnover plunge and recorded trading losses in the 15 months following the outbreak of the coronavirus pandemic in early 2020, and the imposition of restrictions to halt the spread of the disease.
Administrators noted at the time that an adverse legal finding in May had left…
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