Recent retail activity

In recent years, buyers have been favouring freehold opportunities over leasehold stores. But at a time where banks are tightening their requirements for lending, leasehold is poised to make a striking come back, highlights specialist business property adviser, Christie & Co.

Specialist business property adviser, Christie & Co has completed on the sale of a Nisa branded convenience store in the Lancashire Village of Euxton, between Chorley and Clayton-le-Woods, to a new entrant to the UK convenience retail sector, who has nevertheless gained significant retail experience in his native Sri Lanka.

Overall, investor appetite for UK Alternatives remains very strong, with mature and reliable subsectors of the retail market, petrol filling stations and convenience stores offering highly attractive investment opportunities and desirable yields.

Specialist business property adviser, Christie & Co has completed on the sale of the Premier branded Seaton Sluice Convenience Store, located in close proximity to the beach in a scenic part of the North East coast, between Blyth and Whitley Bay.

Specialist property business adviser, Christie & Co has brokered the sale of Littles Stores, located in Nether Stowey, Somerset.