NWF Group PLC
16 April 2007
Embargoed until: 07.00 16 April 2007
NWF GROUP PLC
OPENING OF NEW ASHTON PARK GARDEN CENTRE
The sixth garden centre in NWF's portfolio opens to the public
NWF Group plc ('NWF'), the diversified sales and distribution group, is pleased
to announce the opening of its new garden centre in Ashton Under Lyne - Ashton
Park.
Ashton Park is situated in the Ashton Moss area of Tameside within Snipe Retail
Park, with access and exposure to the whole of the Ashton and Manchester area
via the adjacent M60. It is a large garden centre with a substantial outdoor
plant area, a 150-seater restaurant plus a coffee shop. It currently employs 80
people from the area, including qualified horticulturists. The centre offers a
range of plants, furniture, gifts and locally sourced produce.
Back in July last year NWF acquired Arthur A Gent & Sons Ltd, a garden centre
company, just outside Manchester for £0.25 million. The business was located in
a new seven acre site in Ashton with the benefit of planning permission for a
new garden centre, held on a 50 year lease. Once the acquisition was completed
NWF set in progress the building of the new garden centre, which comprises
30,000 square foot of heated retail space and parking for 170 cars. The centre
cost £3.5 million to build and has been furnished with £0.5 million of stock.
Graham Scott, Chief Executive of NWF, commented: 'I am delighted that we have
now opened Ashton Park. It has from the start been a very exciting project for
NWF's Garden Centre division. We acquired a prime location within a fast growing
retail area, and through an entirely new build we have constructed the most
complete garden centre facility in the locality.
'This is NWF's sixth garden centre and it is pleasing to be implementing our
strategy for growth in this part of our business. We have broadened our reach in
the North West and created a leading centre for all green fingered enthusiasts.'
For further information please visit www.nwf.co.uk or contact:
Graham Scott, Chief Executive John West / Clemmie Carr
NWF Group plc Tavistock Communications
Tel: 01829 260 260 Tel: 020 7920 3150
This information is provided by RNS
The company news service from the London Stock Exchange
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