Begbies Traynor Group

ABC Restaurant Group formerly Planet Hollywood (Trocadero)


Operators of Planet Hollywood at the Trocadero in London went into administration on expiry of the lease and negotiations with the landlord failed. Rent over £1m p.a. and a large dilapidation claim made trading unprofitable. We then handled the administration: trading ceased and staff (about 100) became redundant. The company has now exited from administration and is in a CVA (Company Voluntary Arrangement). A new Planet Hollywood has opened at Haymarket in London.

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