Charles Reynolds, Managing Director of Reynolds Coaches, has reluctantly decided the time is right to close the Caister, Norfolk-based operator – after he was diagnosed with cancer in 2017.
62 year-old Charles is the third generation to run the company, which is Norfolk’s oldest family-run coach operator – having been officially established in 1910.
The company operates 20 vehicles, all of which are named after either members of Charles’ family or nominated VIPs.
Charles told CBW that the auction will be handled by Malcolm Harrison Group and take place on August 11.
Speaking to the Eastern Daily Press, Charles said: “My heart is saying carry on but my head and all the advice says to take it easy.
“I have had some scans and x-rays and things look to be on the right track, but physically I am not what I was six months ago and working 80 to 90 hours a week as I normally do is not conducive to my health.
“I have no successor and I simply cannot carry on running this as it is. It was a decision I did not want to make but I have to be fair to my wife and my family and to myself. But I am staying in politics.
“There are literally dozens of people that I talk to as friends on the phone that I have never met in person but those relationships have built up and we have always tried to do our best.
“Everything comes to an end. It is heartbreaking for me after three generations and over 100 years.
“I shall miss it terribly and miss my staff and customers, but it is time for me.”