- My Account
- Logout
- Register
- Login
Secret Millionaire's property firm evicts 60 small businesses
Related Articles
29 January 2009
MLS Group, Britain's second biggest operator of business centres, has told its clients at two London sites they have until tomorrow to leave the premises as its subsidiary running the sites is about to go into liquidation.
Thirty tenants renting offices above Great Portland Street Tube station and a similar number above Warren Street Tube station have been evicted before the imminent liquidation of MLS Business Centres Management.
Some of the tenants began moving their property out a fortnight ago, fearing they might be locked out. Their tenancy agreement states they should be given two months' notice.
MLS leases the properties from landlords before renting them to businesses. The firms sign contracts with MLS, which handles the running of the offices, looking after shared spaces and providing services such as cleaning. The company admitted 14 centres had been affected. Some of the other sites have been handed back to landlords, and the occupiers allowed to stay.
Although the company has offered tenants alternative premises, many clients have said these are unsuitable.
MLS chief executive Mr Williams appeared on the Channel 4 show Secret Millionaire two years ago. The programme follows wealthy philanthropists going undercover to find deserving causes for their money.
Mr Williams, 51, said to be worth £60million, and his son Ben, 23, travelled to a run-down estate in Middlesbrough for the programme..
MLS Group, which is still trading, says it cannot return the deposits as it is unable to show preference to any of the liquidated subsidiary's creditors. One tenant revealed that the company took a deposit from him in November for extra space, only two months before it was placed into liquidation. MLS Group had warned then that part of its business was likely to fold.
MLS Group said it was forced to place its subsidiary into liquidation because of a drop in demand. Managing director David Plummer said: "It is unfair on our clients, but it reflects the difficult situation we are in."
Comments
Top stories in News
Top stories in News
-
London gets ready for the Diamond Jubilee - in pictures
-
EXCLUSIVE: I won't play with Joey Barton, says Adel Taarabt
-
Diamond Jubilee: Boat by boat, here is where to watch the Queen's Thames flotilla - VIDEO
-
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
News pictures of the day
-
London 2012 Olympics: Raising the bar and the Games haven't even started yet. Price of toasting Team GB is £6 a pint! -
Timebomb ticking in Thames Estuary could put Boris Island plans in jeopardy -
Duchess of Cambridge is pretty in pink at her first Buckingham Palace garden party
-
‘We will form a human barricade to keep missiles off our homes’
-
Regent’s Park rapist: Teenage jogger assaulted by stranger in terrifying 7am attack
The O2
Check out the cool stuff happening under our tent such as the hottest gigs, comedy, sport, films, clubs, bars, restaurants and much more.
A home to be proud of with Halifax
Download the Halifax's brilliant, free new Home Finder app, and take all the pain out of finding your dream home.
Can you imagine a career in teaching?
Be inspired to teach - let real teachers show you how rewarding the job can be.
Playing a game-changing role during the Games
Cisco is providing the solutions for London 2012's complex IT needs.
Win a Silverstone track day with Zantac 75
Feel the burn of a different kind - 20 Silverstone motoring experiences to be won
Celebrate with MARTINI®
This weekend toast one royal with another and make your Jubilee sparkle with a MARTINI Royale.
Reader Offers email A fantastic selection of
offers, giveaways and
promotions.
Why I think doctors are right to strike
Family pay tribute to the London man who gave his life to save a five-year-old girl from drowning
Eton schoolboys fly Games flag on Everest
Horror on the 5.53! Commuter dragged 200 feet after getting hand trapped on train
Shrimpy's - review