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Wickes In Talks Over Former Canterbury Homebase Unit

Wickes Letchworth 1 725 x 500.jpg

A former Homebase unit in Canterbury has attracted the interest of another major DIY retailer.

Wickes has expressed an interest in the council-owned Cow Lane unit, located on the city's Wincheap Industrial Estate.

The unit has lain empty since Homebase's departure in January 2019, the store having been earmarked for closure following a shareholder vote to approve a CVA for the troubled business in September 2018.  

Canterbury City Council paid £3.5m for the site in 2013 but has failed to rent it out for over a year, despite having received a number of offers and several viewings.  The car park is barricaded and the building is understood to be covered in graffiti.

Earlier today, Wickes announced a strong Q4 and 2019 performance, advising of a like-for-like sales increase of 8.7%.  

Source : Insight DIY Team

Pictured: Wickes in Letchforth

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29 January 2020

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