Blue Diamond buys Bridgford Garden Centre
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The Blue Diamond Group has officially announced today the acquisition of its 20th garden centre at East Bridgford, near Nottingham.
The Group is constantly looking to acquire existing garden centres that match its strict investment criteria, but given the scarcity of suitable opportunities on the market, Managing Director Alan Roper has been seeking greenfield sites in suitable locations to build new garden centres.
Bridgford Garden Centre is an example of this and the 140,000 square foot centre will open in March 2018 following a £4.5m fit-out that starts in November 2017.
Blue Diamond has taken out a 35 year lease on the site, which also has the potential to produce a turnover of £10m per annum and will employ 150 people.
Bridgford is in a great location, with excellent AB demographics and transport links. The Group has a further three new build sites in the pipeline.
Alan Roper told GTN Xtra that once the new-look centre opens in March 2018 the existing staff will be moved over to Blue Diamond.
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