Broadway Retail Leisure Limited (in liquidation)

Broadway Retail Leisure Limited (in liquidation)

Mike Pink and Jim Tucker of KPMG’s Restructuring practice were appointed joint liquidators to Broadway Retail Leisure Limited on 25 November 2020.

The Company, which is a subsidiary of intu Shopping Centres plc (in administration), leases and operates the Arena within Braehead shopping centre in Renfrewshire.

The Arena has been closed since March 2020 due to COVID-19 and has generated no sales revenue since closure. However, holding costs including rent, rates and utilities have continued to accrue which has created unsustainable losses. With no prospect of the Arena reopening before the second half of 2021, the directors resolved to place the Company into liquidation.

If you have tickets for an event scheduled to take place at the Arena, please contact www.ticketmaster.co.uk

If you have a supplier or creditor query, please email intusuppliers@kpmg.co.uk and ensure you reference “Broadway Retail Leisure Limited” in the subject line of your email.