Cherished community post office in Dorset acquired by experienced operators
Specialist business property adviser, Christie & Co, has announced the sale of Dorchester Road Post Office in Weymouth, Dorset. Funding for the purchasers was successfully secured by Christie Finance.
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Occupying a charming period building on a busy main road in Weymouth, Dorchester Road Post Office is popular within the local community for its postal service and provision of convenience items. The store was owned and operated by the previous owner, David Millar, since the late 1990’s, and it has now been sold following David’s retirement.
David comments on the sale, “I would like to say thank you to all of our customers for their support over the last 25 years, it has been a pleasure serving the community. I am now very much looking forward to a relaxing time now. I would like to thank Matthew McFarlane from Christie & Co for all his help in getting the sale through to completion. I was surprised at just how much work, stress and time went into this stage in the process. I would highly recommend speaking with Matthew if you are considering selling your business. I also wish the new owner, Pavan, all the very best with the business into the future.”
The new owners are Pavan Lankisetti and family, experienced operators who also operate some local petrol stations. They are planning to refurbish the business and add further lines to enhance to customer choice alongside, while continuing to run the post office.
Pavan comments, “I am very excited to be taking over the running of this store from David. I have some great plans to upgrade the business over the coming weeks to enhance the customer experience and range of products on offer. The post office will continue to serve the local community well into the future, I know how much of an essential service this is.
“I would like to thank Matthew McFarlane from Christie & Co for introducing us to this property and working hard to enable us to achieve this. He worked alongside his colleague Neil Collins from Christie Finance who helped provide the funding to make this project a reality. We could not have done it without his help.”
Matthew McFarlane, Business Agent at Christie & Co who handled the sale, comments, “It has been a pleasure to bring this business and property to the market. Having been established for over 25 years and serving the local community with the mains post office, it was very much needed to continue to serve the community. It is a great store in a busy location. The new owner is an experienced operator and is going to upgrading the store over the coming weeks to continue serving their customers well into the future.”
For further information on this press release, contact:
Niamh Toman, Corporate Communications Executive
P: +44 7768 646 984 or E: Niamh.toman@christie.com
Contact the agent:
Matthew McFarlane, Business Agent - Retail
P: +44 7860 189 705 or E: matthew.mcfarlane@christie.com
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