Submitted by daniel on Sat, 23/11/2024 - 11:51 Picture Image Description Troubled DIY and garden chain Homebase has put 74 of its stores up for sale after collapsing into administration last week. The firm has set a deadline of the end of next week for potential buyers to snap up its remaining shops in the UK and Ireland. It appointed administrators at consultancy Teneo after it was hit hard by an "incredibly challenging" three years for the DIY sector. Administrators struck a deal to sell the business to retail group CDS, which owns The Range and Wilko, securing the future of up to 1,600 jobs and 70 stores. However, the future of 2,000 other workers and its remaining stores have been left hanging in the balance. Administrators have set a deadline of November 29 for potential suitors to buy the remaining stores. Homebase's collapse came amid reports that banking giant Wells Fargo declined to extend the group's lending facility due to concerns about its finances. Commercial real estate adviser Altus Group, which represented the chain, said more than 50 checks, challenges and appeals against the retailer's property tax liabilities were outstanding at the time of its collapse. Full list of Homebase stores at risk: 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 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 London Hanworth 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 Web Link Full list of Homebase stores up for sale after chain collapses into administrat… LBC