Sheffield c-store attracts new owner

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JS Mini Market in Sheffield, South Yorkshire, has been sold to experienced retailer Bharat Karavadara.

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The convenience store and off licence is located in Beighton, an area within Sheffield, which is eight miles from the city centre, eight miles from Meadowhall Shopping Centre, and around 4.5 miles away from the M1 motorway.

Karavadara plans to change the store’s symbol group, re-merchandise, and expand the store’s services.

The store has previously owned by Jaswinder and Surjit Singh for nine years. The couple, who live in Leeds and also own a fish and chip shop, decided to sell to focus on their other business.

Manish Jadav, retail business agent at Christie & Co, said: “Yet again, another buyer relocating to Yorkshire. This store had plenty of potential when I inspected it and plenty of interest when it was marketed.

“The demand is huge for mid- to high-end c-stores, leasehold, and freehold at the moment. How long this will last, we can’t say, but if any store owners are thinking about selling, it would be great to have an initial discussion about the market and an exit strategy.”

JS Mini Market was sold off an asking price of £75,000.