Homebase’s £5m tax rebate delay revealed as 74 stores go up for sale
4 months ago

Homebase’s £5m tax rebate delay revealed as 74 stores go up for sale

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Troubled DIY and garden chain Homebase was waiting on around £5 million of tax rebates before collapsing into administration last week. 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. Altus said that had these been dealt with before the retailer’s collapse, it would have resulted in tax rebates of around £5 million for the 2023/24 and 2024/25 financial years. Locations of the properties placed on the market: -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

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