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Gloucestershire Business News

County garden centre is sold

A popular Gloucestershire garden centre has a new owner.

Wyevale Garden Centre has announced the sale of five more centres - including Nailsworth.

Terra Firma, which owns Wyevale, has commissioned Christie & Co to sell off its entire 145 garden centre estate and 610 concessions, following a £105.5 million loss, it is reported in Retail Gazette.

The buyer of the Wyevale Nailsworth garden centre has not been named but it is expected to continue in its present role. The other garden centres sold are: Brooks, Aldridge, Keynsham and Shirley.

Roger Mclaughlan, chief executive of Wyevale Garden Centre said: "We are pleased to have agreed the sale of five of our garden centres. In the case of those centres which have 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 in our other garden centres wherever possible in coming months.

"We would like to thank our great colleagues at these centres, who have been central to our turnaround in the past few years."

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