The Times reported that administrators from Kroll had failed to find a suitable buyer and that the site would revert back to landlords Redevco, who are expected to step in at the end of the month when the Allders ceases trading.
Redevco has already received planning permission to split up the 100,000 sq ft into three or four separate units and redo the shop fronts.
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens
Team Rock the publication of classic rock is in administration with FRP Advisory