Gellideg Post Office sold to retailer through Christie & Co
Specialist business property adviser, Christie & Co has successfully sold Gellideg Post Office & Stores to Viram Goraniya, an experienced retailer with multiple stores across South Wales.
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This unopposed freehold convenience store and post office is situated on a busy parade, on the outskirts of Merthyr Tydfil. The store was purchased by Nitharshanan Jeyaratnam, a first time buyer from London, earlier this year and has been run successfully since then. Nitharshanan reluctantly brought the store to the market again as he needed to relocate.
Jamie Williams from Christie & Co comments, “This is the second time we’ve successfully sold the store in six months, with both sales completing at asking price or above. The store proved popular again when it became available earlier this year and a deal was agreed off market, with the whole process completing in under four months – a satisfactory result for all parties.”
The new owner, Viram Goraniya adds, “Christie & Co were fantastic in helping to complete the deal so quickly and I wish Jey all the best with his relocation. We are excited to continue our growth and look forward to servicing the local community of Merthyr Tydfil.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Jamie Williams, Senior Business Agent – Retail
P: +44 (0) 773 260 1749
E: jamie.williams@christie.com
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