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Landlords of Faraday Mill in administration

A Plymouth firm which manages 27 business parks in the South West has gone into administration.

London and Westcountry Estates are the landlords of Faraday Mill business park.

Administrators Ernst and Young say they intend to keep the business trading as they look to sell it.

Overall the company has 300 tenants across the region.

Many firms at Faraday Mill who spoke to Radio Plymouth said they hadn't been told by London and Westcountry that they were in administration - some are now worried about what it could mean for them if another firm takes over.

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