Experienced multi-operator snaps up successful Cambridge convenience store
Specialist business property adviser, Christie & Co, has successfully completed the leasehold sale of Shaun’s Newsagent, a Post Office and convenience store in Cottenham, Cambridge.
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Located on the outskirts of Cambridge city centre, Shaun’s Newsagents enjoys a prime position along Cottenham High Street and benefits from high footfall. The store has been owned and run by Ari for several years, who has now sold in order to return to pharmaceutical practice.
The new owners are experienced operators who own several other retail businesses in the area. They intend to invest in the business and build upon the established trade and loyal customer trade.
Lewis Last, Business Agent at Christie & Co who handled the sale comments, “I am really pleased to have brokered this deal, which completed in under two months from offer accepted to sale agreed. Ari is now looking forward to returning to the pharmaceutical world, alongside the management of his other businesses, whilst the new owner has plans to further increase trade at this store and I am excited to see his ideas come together over the next few months.”
The previous owner, Ari said, “I would like to thank Lewis and Christie & Co for their professional and consistent approach to selling my business, from the viewings stage through to completion, I always felt informed and up to date.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: +44 7791 982 460 or E: bronte.hughes@christie.com
Contact the agent:
Lewis Last, Business Agent - Retail
P: +44 7526 175 851 or E: lewis.last@christie.com
Visit Christie & Co’s Business Search page to find out more about current hospitality listings.