New owner acquires newsagents’ store in Gillingham, Kent through Christie & Co
Specialist business property adviser, Christie & Co, has announced the letting of M&B Newsagents to an experienced retail operator.
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Located in Gillingham, M&B Newsagents has been in the same family ownership for almost 40 years and is popular among the local community, stocking and selling convenience goods.
The store has been leased on behalf of the owners due to their retirement.
A new lease for the store has been sold to Mr Kunanathan, who brings previous experience running convenience stores and plans to add additional product lines, extend the opening hours, and continue providing excellent service at the store.
James Matson, Associate Director at Christie & Co who managed the process, said: “This sale generated a huge amount of interest and over 15 competing offers within the first week of marketing. This shows how strong the convenience store market currently is. We would urge anyone looking to sell their convenience store to contact us for a free market appraisal, as we have thousands of registered buyers looking for similar sites across the country.”
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
Contact the agent:
James Matson, Associate Director – Retail
P: 07840 020 041
E: james.matson@christie.com
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