Honiton: Budgens to move to Somerfield site?

PUBLISHED: 06:10 10 December 2008 | UPDATED: 22:44 15 June 2010

AS Lidl vies to build at store on the site of Heathpark Service Station, the Herald can reveal that Irish-owned Budgens, which has a shop at the garage, has been earmarked to buy Somerfield, in High Street. The Office of Fair Trading is carrying out a pub

AS Lidl vies to build at store on the site of Heathpark Service Station, the Herald can reveal that Irish-owned Budgens, which has a shop at the garage, has been earmarked to buy Somerfield, in High Street.The Office of Fair Trading is carrying out a public consultation exercise until later this month - before giving final approval for Co-op to take over Somerfield.If the deal goes ahead, Co-op will have to sell 24 Somerfield stores, including the one in Honiton.Musgraves, which owns Budgens, have been lined up to buy the town centre store.An industry expert told the Herald yesterday (Tuesday): "The transaction is subject to Office of Fair Trading approval."The Co-op Group must sell 24 stores. Another 105 will be sold at a later date."Honiton is included in the first 24.


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