4/24/2017 | Retail

The former Sainsbury's Local site in Long Eaton has been sold

The former Sainsbury’s Local in Long Eaton, Nottingham has been sold to a new operator.

The closed unit, which is located on College Street and has a 2,400 sq ft trading floor space, attracted a substantial nine offers and has now been bought by a multiple operator who plans to re-open it as a convenience store in the next few months.

It was also sold with the potential to build several flats to the upper floors of the unit, subject to the necessary planning permission.

David Branch, Business Agent in Christie & Co’s Nottingham office comments, “This was a rare opportunity to acquire a large site with great business potential serving a large area. The fact that the property attracted nine offers shows the strength of the market for convenience retail premises with both new and existing operators expressing huge interest in acquiring properties across the East Midlands area.”