Wilko £48m warehouse sale raises speculation
Wilko sold its flagship depot in a “controversial sale and leaseback deal”, which reportedly indicates the embattled retailer passed up on as much as £40m in a bid to stay afloat.
This comes as retailer collapsed into administration earlier this month after failing to secure a rescue deal.
Questions have now been raised regarding the “fire sale” as Wilko sold its 1.1m sq ft warehouse at Manton Wood, Worksop, Nottinghamshire, to DHL last November for £48m.
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