Firstgroup sells bus station to Go-Ahead Group

Firstgroup has sold its Northumberland Park bus depot in North-East London to Go-Ahead Group plc for a gross consideration of 14m pounds.

Firstgroup has sold its Northumberland Park bus depot in North-East London to Go-Ahead Group plc for a gross consideration of 14m pounds.

The depot operates 130 vehicles on 13 routes which, together with around 400 employees, will transfer to Go-Ahead on March 30th.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.