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BHS bidders more likely to target stores than business

Property agents think it unlikely that BHS’s administrators will find a buyer prepared to take on a large part of the business and continue with the BHS brand, despite a recent surge in customer interest.

Multiple bids were received for all or part of the business by Tuesday’s deadline, Duff & Phelps said. Retail Revive has put forward a cash bid, while Dominic Chappell’s consortium has also lodged a bid.

Cushman & Wakefield classifies 15 of BHS’s 164 stores as prime, while another 66% fall into the secondary category.

Click here for the full FT article (£)

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