Talking Retail Grocery and product news for independent retailers
Retailer Sritharan Manickavasagan bought the site from John Eaden, who put the 0.4-acre plot on the market in early 2020 in order to retire. The sale faced many hurdles, as one week before launching to market, the store was the victim of a ram-raid burglary. Further delays followed as the Covid-19 outbreak forced the nation into lockdown in March.
Eaden said: “The new owner is an experienced operator and is already building a store extension. I wish him well and I’m sure he will make a great success of a filling station in a superb location.”
Jamie Williams, business agent in Christie & Co’s retail team, added: “Following the ram-raid, the site was very badly damaged. Difficulties around lending due to the Covid-19 pandemic created additional challenges when negotiating with prospective buyers. We are delighted however that we were able to utilise our network to find a buyer and finalise the sale before the end of the year.”
