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.
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
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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