Clydebank convenience store sold for the first time in 40 years through Christie & Co
Specialist business property adviser Christie & Co is pleased to announce the sale of Singh Stores, a convenience store in Clydebank, Glasgow.
Located in a busy housing scheme, Singh Stores has been a longstanding business within the community for over 40 years and has built up a loyal customer base for its wide range of convenience items.
The store has been owned and operated by Billy and Bal Singh for 38 years and was sold as they are looking to retire.
Billy comments on the sale, “I had the pleasure of working with Liam Bain as my selling agent for the sale of my family business, and I couldn't be happier with the experience. I was also very impressed with the marketing process. My business was advertised on various forums to ensure that it was showcased and advertised to all potential buyers. I could not thank Christie & Co and Liam more for his negotiation skills, resulting in a fantastic outcome for me as the seller.”
The store has been purchased by an experienced local operator who is looking to refit and develop the business.
Liam Bain, Business Agent at Christie & Co who handled the sale, comments, “We originally tried to create a new lease for the business, but quickly found from the interest received that there was strong buyer demand to purchase the property. After several viewings, we accepted a cash offer at asking price. I’m delighted to have achieved a successful sale for Billy and Bal and wish them all the best with retirement.”
For further information on this press release, contact:
Niamh Toman, Junior Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Liam Bain, Business Agent - Retail
P: +44 7732 602 268 or E: liam.bain@christie.com
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