Thorntons has introduced that it’s going to shut its workplace in Montrose in the present day following a strategic overview of the enterprise.
The Dundee-headquartered property company and legislation agency has operated within the Angus city since 2015, following a merger with authorized agency Watts.
The closure of the excessive road department means employees on the workplace might be relocated to the corporate’s different Angus workplaces in Forfar and Arbroath or make money working from home.
A letter, signed by companion Stuart Mackie, has knowledgeable the agency’s Montrose shoppers of the change.
It mentioned: “Thorntons has been in Montrose since 2015 following a merger with Watts.
“Following a overview of our property and demand for in-person conferences, we have now taken the choice to shut this workplace on June 12.
“We’ll proceed to function in Angus and recommendation from our authorized and property company groups will proceed to be accessible from our workplaces in Arbroath and Forfar and likewise different areas resembling Dundee.
“The service you might have obtained from us prior to now will proceed to be delivered on the current excessive commonplace by all of our folks both Angus-based or throughout the broader agency.”
Thorntons, which final yr opened its first Highlands department, in Inverness, has expanded quickly lately and introduced a merger with Perth agency Macnabs at first of the yr. This added 5 companions and 39 workers.
Accounts for the yr ending Might 31, 2024 present income of £43.9m, up greater than £6m from 2023.
It made document income throughout the yr. Earnings earlier than members’ remuneration and revenue shares have been £12.4m, a rise of 35% on the earlier yr.
A spokesperson for Thorntons mentioned: “We proceed to function all through Angus from our workplaces in Arbroath and Forfar the place the area people will have the ability to entry our market-leading full-service authorized and property company companies.
“We now have absolutely communicated our plans to shoppers and no jobs are being misplaced as a part of the closure.”
