Moorfields appointed administrators at Trojan Taverns Ltd t/a York House Inn
Lively seaside Inn goes into administration following tough market conditions before Christmas.
Simon Thomas and Fred Satow of Moorfields Corporate Recovery LLP have been appointed administrators to Trojan Taverns t/a York House Inn.
The seaside pub based in West Somerset was bought by Trojan Taverns in 2007 and has been operating as a 15 room hotel, restaurant and bar.
A statement by the administrators has said: “ The licensed trade sector has faced a tough couple of months following the bad weather before Christmas and the recent rise in VAT many publicans will need to remain proactive to ride out the storm”.
Simon Thomas joint administrator said “We are currently exploring the possibility of a phased reopening using a specialist management agent with a view to achieving a sale as a going concern”.
Any creditors or interested parties should contact Moorfields Corporate Recovery for further details.
Moorfields Corporate Recovery LLP is one of the UK's leading independent firms of restructuring and insolvency specialists.
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