Fears collapsed property company may have no funds left : vi

Fears collapsed property company may have no funds left


Fears collapsed property company may have no funds left
The Tannery is now one of a number of failed and stalled developments to the north of the city centre
The Tannery site on Bevington Bush in Vauxhall: pic by Liverpool ECHO (Image: Liverpool Echo)
An email from a solicitor has suggested a failed property company that owes large sums of money to investors may not be able to pay deposits back to buyers.
The ECHO recently reported that 377 planned apartments at Bevington Bush had not been built and the development company The Tannery Liverpool Ltd, had entered into receivership.
The scheme is now one of a number of failed and stalled developments to the north of the city centre in Vauxhall and Everton.

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