Jump to content
House Price Crash Forum
Sign in to follow this  

What Is Christmas Without The Christmas Cheer?

Recommended Posts

Unwins USED to be my local 'offi', not a nice Christmas present!


There is more to this story than the headlines. Unwins, or their subsequent owners, kicked out most of their tenant managers and replaced them with temporary and mainly casual staff some months ago. They kicked out the managers because the only real asset Unwins had was the premises and the flats, either freehold or leasehold, above the premises.

Many branches have had almost no stock and my two local branches had barely fifty bottles of wine on shelves that held several hundred, and almost no beer and zero tobacco. Yet despite this they installed new credit card machinery which must have cost rather a lot.....not a bright move really.

I had assumed that the new management was going to asset strip its way out of bankruptcy, hence the wholesale booting out of managers who had worked hard for years, thus making them homeless at short notice.

Everything therefore points to an intention to go under...either that or a particularly stupid management decision was made, because any customer could see the business was going to the dogs months ago.


Edited by VacantPossession

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.