A popular convenience store at the heart of the community in Clydebank, Glasgow has been changed hands after nearly four decades.
Located in a housing scheme, Singh Stores has built up a loyal customer base for its wide range of convenience items. The store has been owned and operated by Billy and Bal Singh for 38 years and was sold as they are looking to retire.
The business has been sold through specialist business property adviser Christie & Co.
“I had the pleasure of working with Liam Bain as my selling agent for the sale of my family business, and I couldn't be happier with the experience,” Billy commented on the sale.
“I was also very impressed with the marketing process. My business was advertised on various forums to ensure that it was showcased and advertised to all potential buyers. I could not thank Christie & Co and Liam more for his negotiation skills, resulting in a fantastic outcome for me as the seller.”
The store has been purchased by an experienced local operator who is looking to refit and develop the business.
Liam Bain, business agent at Christie & Co who handled the sale, said: “We originally tried to create a new lease for the business, but quickly found from the interest received that there was strong buyer demand to purchase the property. After several viewings, we accepted a cash offer at asking price. I’m delighted to have achieved a successful sale for Billy and Bal and wish them all the best with retirement.”
