Longstanding newsagent in Whitchurch sold after 30 years
Specialist business property adviser, Christie & Co has sucessfully sold The Old Paper Shop, a longstanding newsagent in Whitchurch, Hampshire after 30 years ownership, as the previous owners look to retire.
Ideally located on the high street of Hampshire’s smallest town, The Old Paper Shop benefits from the commuter trade in the highly affluent area. The shop is currently undergoing a refit and will soon be rebranded as a Premier Store, offering a full range of convenience products and services.
The buyer, Mr Thirukkumaran Sellathathurai brings with him a wealth of experience trading convenience stores and is looking forward to being part of and supporting the local community.
James Matson, Business Agent at Christie & Co who handled the sale, comments, “Shops in beautiful locations such as Whitchurch are always highly sought after. This sale generated a lot of interest and produced multiple offers before Mr Sellathathurai snapped it up and we wish him all the best with the new business.”
The Old Paper Shop was sold for 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:
James Matson, Business Agent – Retail
P: +44 7840 020 041
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