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Full list of 74 Homebase stores up for sale with major brands among potential buyers


HOMEBASE. Homebase Selly Oak store, Birmingham, 26.3.2019

The DIY and garden company has 145 branches in the UK and Ireland (Picture: SWNS)

Marks & Spencer (M&S) and B&Q are among two companies considering buying up dozens of Homebase stores after the DIY chain went into administration earlier this month.

M&S and Kingfisher, who own B&Q, have emerged as the top two competitors vying to snap up around 20-25 Homebase stores each, ahead of a deadline for offers on Friday.

Homebase announced they were closing 74 stores nationwide earlier this month, which means up to 2,000 jobs could be saved if the deal goes through.

Property industry sources said Home Bargains, the privately owned homewares retailer, is also interested acquiring a small number of Homebase sites.

Hilco Capital, which bought Homebase for £1 in 2018, has been trying to balance the books for years. Before being taken over, the chain had 250 stores and some 11,50 staff.

Losses were blamed on more ‘cautious’ customers amid the cost of living crisis. 

The Range, founded by Chris Dawson, has also taken on around 1,600 Homebase employees.

Full list of Homebase stores up for sale:

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

The Range owner Chris Dawson, branded the ‘Del Boy Billionaire’, told The Telegraph: ‘We are delighted to be able to save so many stores and jobs, and look forward to adding the Homebase brand and subsidiaries to the expanding Range group of companies.’

But this leaves some 2,000 jobs still in limp. Buyers have a deadline of November 26 to snag any of the remaining branches.

Between years of austerity, a worldwide pandemic and a cost of living crisis, it hasn’t been the best time recently to be a high-street retailer.

As one Metro.co.uk columnist asked in 2013: ‘Is the death of the high street inevitable?’

According to the Centre for Retail Research, 25 businesses have failed this year, affecting 760 stores and nearly 15,400 employees.

The Post Office only today revealed 115 branches may shutter, joining WHSmith, Wetherspoons and Marks and Spencer in closing stores.

This article was first published on November 13

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Source:: Metro

      

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