Wyevale has sold its Barnett Hill garden centre to Cherry Lane which is part of the QD Group. The buyer will continue to operate it as a garden centre. However, the second sale, of its Seven Hills garden centre will see Wyevale retained to operate it under licence as the buyer is a property development and investment business.
Anthony Jones, chief operating officer of Wyevale said: “We are pleased to have agreed the sale of two more garden centres, taking the total since the start of the process to 48. We continue to evaluate and discuss a wide range of competitive offers and look forward to further positive discussions with all potential buyers. Meanwhile, the Spring gardening season has well and truly started and we are focusing our efforts on trading the remaining portfolio during this important period in the year.”
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