Convenience store owned by the same family for 100 year on the market
Specialist business property advisor, Christie & Co have brought to the market the Moore & Son Costcutter in Long Buckby, Northamptonshire.
The store has been owned by the same family since 1919 and offers a unique opportunity for a new owner to take on a very successful business, which also has potential for them to make their mark. The recently refitted freehold site currently offers groceries, drinks and fresh produce chillers along with freezers, household goods, off license, compliant tobacco gantry, National Lottery and Tchibo coffee machine. The store is also a Hermes Parcel Shop.
The vendor, Trevor Moore is the grandson of the original owner and took over the store forty years ago. He is now looking to retire and approached Christie & Co to handle the sale. Commenting on the decision to sell he said, "I joined my father running the family business 40 years ago, which was started by my grandfather in 1919. I have never really considered it as having a job, as it has been a rewarding way of life, being at the heart of a thriving village community. The fourth generation are now off following other career paths, and I feel the time is right for me to retire and pursue my other interests. This will leave the opportunity for the new owners to take over the business with new and fresh ideas to further enhance our village store, and we wish them every success for the future."
Stephen Bell, Senior Business Agent at Christie & Co handled the sale and comments, , "This is a fantastic opportunity for a buyer to take on the freehold of a high turnover store, and the addition of hot food to go is just one example of another avenue a new owner could pursue to build on the already successful trade.
“We will be holding an open viewing on 5th March and anyone interested should contact me on +44 121 452 3707 to book their slot.”
The business is being marketed at offers over £795,000 for the freehold interest.
For further information on this press release, contact:
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com
Contact the agent:
Stephen Bell, Business Agent
P: +44 121 452 3707
E: stephen.bell@christie.com
Visit our Business Search page to find out more about our current retail listings.
