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07 August 2019 | Retail

Coventry convenience store & post office on the market

Specialist business property adviser, Christie & Co has brought to the market Select & Save, a well established convenience store in Radford, Coventry.

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Situated on the Jubilee Crescent, named in honour of the Silver Jubilee of King George V, the store comprises a spacious retail area and offers a comprehensive selection of convenience goods, plus a high value off license, compliant tobacco gantry and medicines, as well as post office services. Additionally, the property benefits from two duplex maisonettes, which are currently let for a combined total of £900 per calendar month.

The business offers a fantastic opportunity for a new owner to drive the business forward with a more hands on approach and strengthen links with the local community which would no doubt improve sales. 

Current owner, Vikramjit Singh comments, “We took over the store in 2008 and have really enjoyed playing such a central role in the community. The amount of footfall that this location brings has given me the chance to get to know so many people and build strong relationships with them. I will miss them all but look forward to the new owner having the chance to continue the work we have put in to make this such a community hub.”

Stephen Bell, Senior Business Agent at Christie & Co is handling the sale and comments, “This is an excellent opportunity for a new owner to take over a high turnover store in a busy area of the city. The post office brings even more people into the store and the opportunity to build on the existing trade is huge. We do not anticipate this store will be on the market for long and would encourage interested parties to get in touch with us as soon as possible.”

Christie & Co is seeking an asking price of £270,000 for the leasehold interest of Select & Save.