The long standing, well established convenience store stocks a wide variety of household products, confectionery, bakery goods, dairy, canned goods, tobacco and alcohol, in addition to providing National Lottery and PayPoint services. As such, it is heavily relied upon within the local community and benefits from a high degree of passing trade due to the surrounding houses and nearby school, as well as the complimentary businesses in the area.
Current owner, Sivaranjan Mahendiran bought the store through Christie & Co in 2016 and owns a number of other convenience retail businesses within the local area. He is now seeking a sale in order to focus on his other business interests and comments, “I’m looking to the sell the store in order to fund re-investment in the rest of my group, with a view to potentially acquiring an additional site closer to the rest of the stores that I operate.”
Ashley Cobban, Business Agent at Christie & Co is handling the sale and comments, “The store is offered for sale in excellent condition, with a very large trading area. The first floor of the property is currently undeveloped and offers the potential for conversion into residential accommodation. This makes it an attractive opportunity for either an owner-operator wishing to reside on site or to an investor wishing to derive rental income from both the convenience store and the residential conversion.”
The Premier store on Blackbrook Road is offered for sale on a freehold basis, with an asking price of £359,950.