Lease for Taunton convenience store and post office sold to new operators
Specialist business property adviser Christie & Co has announced the sale of the lease for Station Road Stores, a Premier-branded convenience store and post office in Taunton, Somerset, to new operators.
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Open seven days a week, the store sells a wide range of products, including fresh produce, hot and cold food-to-go, as well as everyday essentials. The property also features a bakery room, three separate storerooms, an office and an independently accessed two-bedroom flat.
Situated in central Taunton in a busy high street location, the store also includes a separate post office counter, which is used regularly by the local community.
Previous owners Robin and Ruby Nagpal, who have run the business for over ten years, decided to sell the business as they felt now was the right time to pass the reins to a new operator and concentrate on other interests.
Robin Nagpal said, “It has been a pleasure working here over the past ten plus years. I have made many new friends along the way. The local community have been fantastic to us, and I would like to take this opportunity to thank all our hard-working staff and loyal customers over the years.
“I wish Rajesh and Chetnaben all the very best with their new venture and I am sure our customers will be happy moving forward.”
The new owners of Station Road Stores, Rajesh and Chetnaben, are experienced operators purchasing their first store in the area.
Rajesh commented, “We are very much looking forward to working here and serving the local community. Robin and Ruby have done a fantastic job with the store over the previous years, and we will very much continue their legacy along with making further improvements and additions to satisfy our customer needs.”
Matthew McFarlane, Senior Business Agent – Retail & Leisure at Christie & Co, added, “This is a great store in a fabulous spot within the area. I have worked with Robin a number of times now to assist with both buying and selling, and he always presents a great business that has wide market appeal. I am very pleased for Rajesh and Chetnaben and wish them all the very best for the future.”
Station Road Stores was sold at an undisclosed sum, off a leasehold asking price of £150,000.
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