Experienced retailers Kishore Manikonda and Saritha Ravilla have added to more stores to their growing portfolio, buying two convenience stores in Pembrokeshire, South Wales.
The County Stores and Bargain Booze stores have been operated by Filji Varghese since 2008 and 2012 respectively, who sold the businesses through specialist business property adviser Christie & Co.
County Stores is centrally located in the county town of Haverfordwest, close to the main train station, and draws most of its trade from the many surrounding residential and commercial properties. Operated under Premier fascia, the store is also within close distance to Haverfordwest Castle, and benefits from the tourist trade throughout the year.
Bargain Booze is ideally located in the centre of Pembroke Dock, with good access to the town’s main train station, and benefits from the high footfall of the busy street. The business is well established, and its wide range of traditional convenience items and alcohol selection ensures loyal, repeat trade from the local residents.
“I have thoroughly enjoyed serving the local community and I am grateful for all their support,” Filgi Varghese commented. “In that time, my staff have been brilliant, and I wish them well moving forward with the new owners.”
Manikonda and Ravilla said they have exciting plans for the businesses.
“We are very pleased with the purchase of these fantastic stores. We will continue to operate the business as Premier and Bargain Booze branded stores but change the trading name as Anannya Stores. We have plans to do a complete refit in the near future to modernise the businesses, as well as extending the opening hours and introducing new products for the local community.
“This is the fourth business we have purchased through Christie and Co, and we are very grateful for their help in ensuring the process went through smoothly.”
Brian McLister