A garden centre in Lambley is holding a closing down sale after the ‘Beast from the East’ dealt a trading blow.
Home and Garden, which owns Floralands Garden Village in Lambley, has now gone into administration. A buyer is being sought for the business.
Administrators, Mazars LLP, are continuing to trade at the garden centre, as well as seven other sites across the country run by Home and Garden.
Floralands is holding a closing down sale in the meantime.
Adam Harris, joint administrator, said: “The unexpected, severe weather conditions at the beginning of 2018 have materially impacted the Group’s cash flow, but Home & Garden is a well-established business with historically strong margins, and would represent a good opportunity for interested parties.
“A sale would preserve jobs and provide the best outcome for stakeholders and creditors, and I welcome all enquiries.”
It is believed that the intention is to trade the garden centres through the next eight to ten weeks while a buyer is sought.
