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25 October 2016 | Retail

Powys Spar store purchased by new entrants to the retail sector

A Spar-branded store in the village of Caersws, Powys, located just 250 metres from Caersws train station, has been sold by specialist business property adviser, Christie & Co.

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Having been run by the previous owners for 16 years, they are now able to retire as the business was recently bought by first-time buyers to the retail market, Nigel and Ann Pugh.

Jonathan Clements, Business Agent in Christie & Co’s Cardiff office comments, “There was a high amount of interest shown in this site which demonstrates the strength of the market for convenience stores in South Wales.

“We would like to congratulate Mr & Mrs Pugh on this excellent acquisition and wish them all the best for their future plans.”

Mr & Mrs Pugh comment, “We would like to thank Jonathan Clements from Christie & Co on this successful transaction and the opportunity to acquire the store.”