Knightsbridge Business Sales announces sale of convenience store and off licence

Thurnby Express is an established convenience store/off licence which has been under the ownership of our clients since 1985 who decided to offer it up to the market in order to retire.

The business has steadily developed an enviable reputation, resulting in a large local loyal customer base and high amounts of repeat custom. Much of the store’s trade is generated from the surrounding densely populated area as well as high footfall and passing trade from daily commuters.

The shop supplies a wide range of goods, including frozen foods, dairy products, newspapers and magazines, fresh bread, fruit and vegetables and general household goods, as well as being an off-licence.

The eventual acquirer, private buyer Mr Ashis Sisodia, found the business through one a third party website utilised by Knightsbridge. The new owner will continue to trade through the store as an owner run business.

The business was sold less than 6 months after being placed onto the market. Two offers were received within one month and the eventual deal was to the value of £240,000.

Gemma Moss of Knightsbridge Business Sales headed up negotiations on behalf of our clients and would like to wish Mr and Mrs Patel a very happy retirement.