Wyevale announces sale of another 4 garden centres

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Wyevale has announced the sale of four more of its garden centres as it continues to offload its entire store estate.

Its centre in Croydon Purley Way has been sold to Ultratown Limited which is expected to continue to run it as a garden centre for two months.

Elsewhere its stores in Sidmouth and Solihul have been sold to Leisure Limited and Rosebourne Limited respectively, both of which are expected to continue to be run as garden centres.

Wyevale’s location in Windsor, which has been sold to Wates Developments Limited, will reportedly continue to run as a Wyevale Garden Centre for the time being while its new owners consider longer term options.

In May Wyevale flew in specialist business property advisors Christie & Co to handle the sales process, which will see all of Wyevale’s 145 garden centres including 144 restaurants and 700 concessions be sold.

Eight of Wyevale’s largest garden centres were sold to rival Blue Diamond Garden Centres in July, and a further nine have been sold to individual buyers in the last two months.

“Across all four centres we would like to thank our great colleagues, who have been central to our turnaround in the past few years,” Wyevale’s chief executive Roger Mclaughlan said.

“In the case of Windsor, we will continue to operate as a Wyevale Garden Centre with no immediate impact.

“For those centres being sold to garden centre operators we would like to wish our colleagues well under the new ownership, and in the case of Croydon Purley Way, which has been sold for alternative use, we are very pleased to honour our commitments to our colleagues and partners and will seek to redeploy our excellent colleagues to our other garden centres wherever possible”.

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