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3 hours ago
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Homebase has enactment 74 of its stores up for merchantability days aft it collapsed into medication successful a large stroke to the precocious street.
The DIY and plot concatenation has fixed itself a deadline of adjacent Friday to person the shops sold, different they whitethorn beryllium astatine hazard of closure. Last Wednesday, Homebase brought successful consultancy steadfast Teneo arsenic administrators – who were capable to merchantability the concern to retail elephantine CDS, which owns The Range and Wilko.
It meant redeeming the jobs of 1,600 employees crossed 70 sites, which are present each acceptable to beryllium rebranded arsenic The Range stores.
In August, Supermarket elephantine Sainsbury’s confirmed it was taking implicit the leases of 10 Homebase stores successful the UK arsenic portion of a woody with the retailer's owners Hilco Capital. The woody was completed successful September, and the caller sites are acceptable to unfastened by the summertime of 2025. Sainsbury's said the woody - which included the redesign of the caller stores - would outgo it £130million overall.
Image:
Getty Images)But administrators person present placed 74 remaining leasehold Homebase stores connected the market. The quality comes aft Homebase was recovered to beryllium waiting connected astir £5million of taxation rebates earlier its collapse.
The 74 sites connected the marketplace see 62 successful England, 4 successful Scotland and different 4 successful Northern Ireland. There are besides 3 stores successful the Republic of Ireland and 1 successful Wales going up for sale. All volition presently proceed to run arsenic normal.
Damian McGloughlin, main enforcement of Homebase, said past week: "It has been an incredibly challenging 3 years for the location and plot betterment market. My precedence is and continues to beryllium our squad members, and I recognise that this quality volition beryllium unsettling for them."
Full database of Homebase stores up for sale:
England
- Abingdon, Oxfordshire
- Alnwick, Northumberland
- Altrincham Retail Park, Manchester
- Barnstaple, Devon
- Basildon, Essex
- Basingstoke, Hampshire
- Berwick upon Tweed, Northumberland
- Biggleswade, Bedfordshire
- Battery Retail Park, Birmingham
- Bishop Auckland, County Durham
- Bracknell, Berkshire
- Enterprise Five Retail Park, Bradford
- Branksome, Poole
- 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
- Daventry, Northamptonshire
- Wyvern Retail Park, Derby
- Farnham Retail Park, Farnham
- Folkestone, Kent
- Retail World, Gateshead
- Gloucester
- 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
- Lewes, East Sussex
- London Catford
- London Streatham Vale
- Luton
- South Aylesford Retail Park, Maidstone
- Milton Keynes
- Newcastle nether Lyme, Staffordshire
- Norwich Hall Road
- Norwich Sprowston
- Madford Retail Park, Nottingham
- 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
- Wolverhampton
- Worcester
Scotland
- Dumfries
- Halbeath Retail Park, Dunfermline
- Hamilton
- Oban
Wales
- Bridgend Retail Park, Bridgend
Northern Ireland
- Junction One Retail Park, Antrim
- Shane Park, Belfast
- Rushmore Retail Park, Craigavon
- Drumkeen Complex, Belfast
- Republic of Ireland:
- Letterkenny
- Navan Retail Park
- Waterford
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