£450k Lancs c-store on market for first time in 30 years

Londis Chorley, an unopposed Londis-branded convenience store in Chorley, Lancashire, has been brought to market, via Christie & Co, for the first time in 30 years, with a guide price of £449,950.

The well-fitted store enjoys a prominent trading position on Brindle Street, in a busy residential area of town. With no immediate competition, the business is heavily relied upon by the local community and achieves strong trade levels as a result.

The range of products on offer include household commodities, confectionery, bakery and canned goods, tobacco and alcohol. There is also a cash machine, National Lottery and Paypoint.

Above the store there are two separate apartments – a one-bed and two-bed. The two-bed apartment is currently vacant and used for storage but could be utilised as owner’s/manager’s accommodation or with some adjustments to the property to create a separate entrance, could be rented out to generate an additional income.

The one-bed apartment is currently rented out to a long-standing tenant for £280 per month.

The business has been under the ownership of Mr Nilesh Chauhan 30 years, who is looking to retire following the sale.

Nilesh comments, “It has been wonderful to operate this store and be apart of the Chorley community for so many years but the time has come for me to retire, so I am looking forward to finding the right new owner to take on the business.”

Ashley Cobban, Business Agent in Christie & Co’s Retail team is handling the sale and comments, “This is an extremely rare opportunity to acquire a long-standing, well-established convenience store within a busy residential location, which benefits from the support of the national Londis brand.

‘We are taking viewings by appointment and I encourage interested parties to get in touch before it gets snapped up!”


| Category: Food and Drink Company News