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02 June 2020 | Retail

Spar convenience store in North Lanarkshire sold through Christie & Co

Specialist business property adviser, Christie & Co, is delighted to announce the sale of a Spar convenience store in Airdrie, North Lanarkshire.

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The property includes a double-fronted retail unit with ancillary space and is in a predominately residential area of Airdrie, North Lanarkshire. Much of its trade comes from the surrounding areas including the local Academy. 

Alongside some other properties, the store was marketed by Christie & Co on behalf of Scotland's largest independent retailing and distribution company, CJ Lang, and has now been purchased by Mr Sathish Kumar Thangavel.

Steve Rodell, Managing Director of Retail at Christie & Co, comments, “We are delighted to have completed on the sale of this Spar convenience store, especially given current economic uncertainty. The COVID-19 pandemic has highlighted the importance of local shops to their nearby communities, and we wish Mr Thangavel the best of luck in his new venture.”

The property was sold off an asking price of £25,000 leasehold.
 

For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com

Contact the agent:
Steve Rodell, Managing Director (Retail)
T: 020 7227 0759 or E: steve.rodell@christie.com
 
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