Liquidated brothel struggled with slow trade

Liquidated brothel struggled with slow trade
One33 Vincent is in liquidation owing more than $115,000. (Image: NZME)
Maria Slade
A failed central Auckland brothel owes more than $115,000 and was suffering from slow trading, the liquidators of the business say.Moet Investments, operator of the One33 Vincent brothel in Vincent St on the CBD fringe, was placed into liquidation by its shareholders following a high-profile rent row.The business owes in excess of $100,000 to its landlord and an estimated $27,000 to Inland Revenue, plus an unknown amount to other trade creditors, liquidators Waterstone Insolvency said.However, case officer Ben Jury said the brothel had also not...

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