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Administrators have been called in at an Isle of Man registered company which controls an Altrincham shopping centre.
Partners at the Manchester accountancy firm MCR have been appointed to handle the affairs of Grafton Centre Nominee, which owns the 25-unit development and a six-storey office block.
They are trading the business as a going concern and are looking for a buyer.
In recent months planning permission was granted to transform the office block into a hotel.
Plans for four-storey apartment and commercial building approved
Permissions granted for development on Marina Road in Douglas
End of an era as 'New Generation' prepares to close its doors
Haberdashery shop has been in Port Erin for 30 years
Salt manufacturer eyes restaurant move
The Isle of Man Salt Company submitted plans for The Boathouse in Port St Mary
Internet provider to increase prices next month
Manx Telecom says it's in line with annual three percent lift
