Spar Convenience Store & Post Office in Hazel Grove sold
Specialist business property adviser, Christie & Co, is pleased to announce Spar Cleary Fiveways in Stockport has been sold to Venkata Sudheer Chigili, a multi-store operator with stores in Leeds, Huddersfield and Wrexham.
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This profitable, leasehold convenience store and post office is located on Fiveways Parade, a busy main road running through Hazel Grove. The large, well-fitted store is heavily relied upon by locals and enjoys high turnover, having established several income streams including a bakery and café area in the store, as well as four separate apartments located above the business, which generate an annual income of £32,400. These flats were also included in the sale.
Gurnam Singh, Business Agent in Christie & Co’s Retail team handled the sale and comments, “It was a pleasure selling this fantastic local business which attracted seven offers from hopeful buyers. We wish the successful new owner, Venkata all the best with his first store in Manchester and look forward to working with him again in future.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Gurnam Singh, Business Agent – Retail
M: +44 (0) 7715 806 592 or E: gurnam.singh@christie.com
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