Dark Star Scotland placed in administration

www.darkstarscotland.com

One of the largest bar, restaurant and hotel companies in Scotland has gone into administration.

Dark Star Scotland, based in Glasgow, has a total of 14 leased premises and has employed a total of 280 staff.

Some of the better-known properties include Glasgow’s Budda bars and hotels in Aberdeen, Ayr and Dunfermline.

Administrators have indicated that trading will continue as they are looking to sell the business as a going concern. There is no immediate plan for employee redundancies, the administrators have said.

Kenny Craig and Tom MacLennan of Tenon Recovery, working as joint administrators, noted that Dark Star has followed other companies within the McKever group into administration. Ally McKever, owner of the Mckever group, owned a controlling interest in Dark Star.

Craig said: “Dark Star has a portfolio of high quality bars, restaurants and hotels in good locations that are well-known in their local communities. Whilst not immune from the recent economic downturn, the units were performing relatively well and we are confident that the business will appeal to companies already operating in the licensed trade, or to entrepreneurs keen to enter the sector.”

He added: “It is therefore very much business as usual whilst we focus on finding a buyer or buyers as soon as possible.”

Thanks to news.bbc.co.uk for the above quotes, for more information on this article please visit their website.

www.darkstarscotland.com