Durham sandwich bar sold following 13 years of ownership
Specialist business property adviser, Christie & Co is pleased to announce the sale of Paxtons Sandwich Bar, located on a very busy commuter road between Bowburn North and South industrial estates in Bowburn, Durham.
Previous owners, Kelly Paxton and Helen Armstrong opened Paxton’s from a vacant unit around 13 years and the store has become a recognisable local business. The business offers a range of burgers, wraps, sandwiches, cakes, cooked breakfast and coffee as well as a delivery service. A two bed flat which is currently used for storage and an office was also included in the sale.
Kelly and Helen decided to sell the business to move onto another project and comment, “Having built the business from scratch in 2009, we were ready for a new venture. Working with Christie & Co made the process easier and enabled us to continue running our business while we found a suitable new owner.”
The shop has been sold to a neighbouring business owner, Mr Christo who runs the chip shop next door. He comments, “The business is great, I just had to buy it. People tend to say they will change things when they buy a business, I have no plans to change anything. It runs as it should and the customers love it so I will carry on with it as Helen and Kelly left it.”
Andrew Birnie, Retail Director at Christie & Co handled the sale and comments, “The business was marketed far and wide from local press and social media, to Rightmove and it was a great surprise that the buyer ended up coming next door! Some clients request a confidential process and this sale demonstrates why it’s important to market the property as widely as possible. Mr Christo was not registered with Christie & Co or any other agent looking to buy but he heard that it was for sale and the rest is history. Had it been confidential, we may not have found the buyer as quickly as we did. Best of luck to our great clients, whom it was a pleasure to work with, and to Mr Christo, in continuing to build the business.”
Paxton’s Sandwich Bar was sold at an undisclosed price.
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:
Andrew Birnie, Director - Retail
M: 07734 553 272 or E: andrew.birnie@christie.com
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