» Nightclub group Deltic warns landlords of ‘closure’ without sale

Nightclub group Deltic warns landlords of ‘closure’ without sale

The boss of Britain’s biggest nightclub operator has warned landlords that the company faces collapse unless a sale is agreed imminently – putting more than 1,000 jobs at risk – telling landlords it will have to close unless they agree to rent-free occupancy of its nightclubs.  This is another example of how owners of commercial property, especially ones with tenants in the leisure and hospitality sectors, are seeing the value of their properties fall.

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