Tuesday, July 23, 2024
HomeNEWSauction of granby assets will help creditors

auction of granby assets will help creditors

Stock from the recently closed dealership of Granby Motors in Ilkeston is to be auctioned online.

The items are displayed at Grandy’s premises – units 1-2, The Old Gasworks, Belfield Street – ready for the public viewing days on Saturday 13 February and Monday 15 February. Online bidding will open on the evening of Friday 12 February with the auction set to end from 11am on Wednesday 17 February.

Charles Loake, head of the business assets department at liquidators John Pye Auctions, said: “To lose a business that has been in the community for many years is always a shame, but this auction will offer the chance for other companies, and individuals, to get their hands on bikes, accessories and parts at great prices”.

The stock includes dozens of bikes including Honda, Yamaha and Rieju. Garage equipment, tools and parts are also on offer in this auction.

As reported by BDN, Granby was a multi-franchise dealer of almost 50 years’ standing before it went into voluntary administration.

Established in 1965, Granby retailed Suzuki small bikes, Rieju, Garelli, Lifan, Zontes, AJS, Baotian and Siamoto. It was also exclusive European distributor for Siamoto spare parts.

In a message to BDN, Howard Glover said: “The decision to close was not easy but Jack’s health isn’t the best and we were kind of running out of money to prop it up. We did our best not to drop anyone in it.

“The liquidation auction takes place in just over a week and we’d be really grateful – as I’m sure would our creditors! – if you could see your way to a mention. Thanks for all your support over the years.”

This followed a statement on the Granby Facebook page on 4 January, in which Jack [Glover], Julie, Howard and Gloria announced: “As you may have heard by now, Granby Motors Ltd has closed its doors for the final time.

“We’re sorry to have to share this news; it is not the outcome we would have wished for. Owing to illness and a protracted period of challenging trading conditions, the business has become unsustainable. To protect the interests of its creditors and the six remaining members of staff who are regrettably facing redundancy, we have reluctantly decided to enter the company into voluntary administration.

“For almost 50 years, Granby Motors has been Ilkeston’s premier destination for motorcyclists and we’d like to take this opportunity to thank our loyal supporters without whom none of it would have been possible.

“Thank you to all of our suppliers and friends in the motorcycle trade and to all the staff over the years who helped to make Granby Motors one of the biggest independent motorcycle dealers in the UK. We acknowledge particularly the persistence and loyalty of the current team in rather less salubrious and often difficult circumstances.”


The auction preview page and bidding platform can be found here: www.johnpye.co.uk/project/liquidation-auction-granby-motors-motorcycles-mopeds-bikes-parts



Product News

Verge opens first American stores

Futuristic electric superbike builder Verge, has opened its first outlets in the United States. The Los Angeles and San Jose stores are both based...