London24NEWS

Homebase places 74 shops up on the market as your native department could also be on the checklist

Homebase has put 74 stores up for sale with their futures at risk – and your local could be one of them.

The troubled chain is trying to find a buyer for the stores after a strict deadline of November 29 was set to sell them. If they don’t sell, the future of various stores will be at risk.

The DIY and garden retailer was waiting on around £5 million of tax rebates before collapsing into administration last week, it has been reported. Homebase appointed administrators at consultancy Teneo after it was hit hard by an “incredibly challenging” three years of trading.

But administrators struck a deal to sell the business to retail group CDS, which also owns The Range and Wilko, and meant securing the future of up to 1,600 jobs and 70 stores, reports MyLondon.

Administrators have now placed 74 leasehold Homebase stores on the market amid efforts to secure more funds for creditors. Homebase collapse came amid reports that banking giant Wells Fargo declined to extend the group’s lending facility due to concerns about its finances.

The PA news agency found that these concerns came as the retailer waited for around £5 million to be remitted back to it in tax rebates.



Homebase
A rescue plan was agreed with creditors last week

Every Homebase store on the market

Abingdon, Oxfordshire

Alnwick, Northumberland

Altrincham Retail Park, Manchester

Junction One Retail Park, Antrim, Northern Ireland

Barnstaple, Devon

Basildon, Essex

Basingstoke, Hampshire

Shane Park, Belfast

Berwick upon Tweed, Northumberland

Biggleswade, Bedfordshire

Battery Retail Park, Birmingham

Bishop Auckland, County Durham

Bracknell, Berkshire



Rain sits on the handles of shopping carts outside a Homebase store
74 stores are for sale across the country

Enterprise Five Retail Park, Bradford

Branksome, Poole

Bridgend Retail Park, Bridgend, Wales

Broadstairs, Kent

Bury St. Edmunds, Suffolk

The Orbital Retail Centre, Cannock, Staffordshire

Horsted Retail Park, Chatham, Kent

Cheltenham

Greyhound Retail Park, Chester

Discovery Park, Chichester

Colchester Stanway, Colchester

Gallagher Retail Park, Coventry

Rushmore Retail Park, Craigavon

Daventry, Northamptonshire

Wyvern Retail Park, Derby

Dumfries, Scotland

Halbeath Retail Park, Dunfermline, Scotland

Farnham Retail Park, Farnham

Folkestone, Kent

Drumkeen Complex, Belfast

Retail World, Gateshead

Gloucester

Hamilton, Scotland

Hanworth, Feltham, London

Harlow, Essex

Eddington Business Park, Herne Bay, Kent

Tyne Valley Retail Park, Hexham

Heath Retail Park, Honiton

Hove, Brighton & Hove

Hull

Leamington Spa

Ledbury, Herefordshire

Moor Allerton Centre, Leeds

Letterkenny, Republic of Ireland

Lewes, East Sussex

London Catford

London Streatham Vale

Luton

South Aylesford Retail Park, Maidstone

Milton Keynes

Navan Retail Park, Republic of Ireland

Newcastle under Lyme, Staffordshire

Norwich Hall Road

Norwich Sprowston

Madford Retail Park, Nottingham

Oban, Scotland

Oldbury, West Midlands

Wyndham Retail Park, Portishead

Romford, Essex

Saffron Walden, Essex

Sleaford, Lincolnshire

St Albans

Sudbury, Suffolk

Wrekin Retail Park, Telford

Truro, Cornwall

Tunbridge Wells

Upton, Wirral

Waltham Cross, Hertfordshire

Waterford, Republic of Ireland

Wolverhampton

Worcester

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