Lancashire convenience store sold after 66 years of family ownership through Christie & Co

Costcutter School Lane is a well-established store in the local community, having been operated by David and Margaret Brindle for the last 50 years, and owned by the family for 66 years.

The store has been sold as David and Margaret wish to enjoy a well-deserved retirement. It has been acquired by an experienced regional operator who manages a collection of established stores across the region and plans to continue the success of the store and enhance the experience for its loyal customer base.

Mr & Mrs Brindle said: “Thank you to Anthony and Christie & Co for assisting us with this sale. We would also like to take this opportunity to thank our loyal customers and members of staff, wishing them all the best under new management.”

The acquisition was successfully financed by Christie Finance. Ben Youatt, Finance Consultant at Christie Finance, said: “I am pleased to have secured funding to help this regional operator grow and add to his existing portfolio. I have no doubt that this business will continue to be a huge success.”

Anthony Meadowcroft, Senior Business Agent at Christie & Co who managed the sale, commented: “I am delighted to announce this sale. We ran a confidential sale process, welcomed multiple offers, and secured a strong sale price for our clients. I would like to wish the Brindle family all the very best for the future as they now enjoy time to relax. I would also like to congratulate the purchaser: this is a fantastic acquisition and opportunity to develop an already well-established convenience store.”

The store was sold at an undisclosed price.

For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com

Contact the agent:
Anthony Meadowcroft, Senior Business Agent – Retail
P: 07546 698 673
E: anthony.meadowcroft@christie.com

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