9/14/2022 | Retail

Well-established Belvedere convenience store sold after 25 years

Specialist business property advisor, Christie & Co has completed the sale of Shabs Convenience Store, located just 15 miles east of Central London in the South East area of Belvedere.

Shabs Convenience Store, Belvedere.

Shabs Convenience Store is situated in a busy residential area with high footfall from locals and commuters using the nearby Belvedere station, where overground journeys to Central London are as short as 37 minutes. The business has been run by Gulam Suleman for 25 years, gaining a loyal customer base over the years.

The store offers a wide range of convenience and household goods, chilled foods, newspapers, cigarettes as well as Oyster and National Lottery tickets. However, there is great scope for new owner, who wishes to remain private, to increase trade further and continue to grow the established business.

Jack Dudley, Associate Director at Christie & Co, who handled the sale comments, “I'm delighted that we were able to complete a successful sale on behalf of the Suleman family and wish them well with their future plans. The market for similar stores with potential to either grow the business or for alternative development remains very active so it’s a great time to think about selling."

For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
M: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com

Contact the agent:
Jack Dudley, Associate Director
M +44 (0) 7717 335 850 or E : jack.dudley@christie.com

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