Toys R Us was forced to close all 106 of its UK stores, after administrators failed to find a buyer for the retailer after six weeks.
The company, which entered administration in February 2018, sold 26 stores under a Company Voluntary Arrangement before announcing the “wind-down” of the chain, resulting in 3,000 job loses.
The final 24 Toys R Us stores were put up for sale in May 2019 following a legal dispute between entities owned by Tim Knowles and CBRE Loan Servicing. Knowles won permission to sell the properties, starting with the Croydon unit, which fetched £16.1m.
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