Bestway drafts in advisers to market 37 stores

Bestway drafts in advisers to market 37 stores
GroceryProperty
// Bestway hires advisers from Christie & Co to market 37 retail properties across the UK
// The Bargain Booze, Wine Rack, Select Convenience & Central Convenience stores no longer fit with Bestway’s strategy

Bestway has appointed a property adviser to market 37 of its stores as they no longer fit with its business strategy.

The stores in question – which trade as Bargain Booze, Wine Rack, Select Convenience and Central Convenience – were acquired in 2018 from the administrators of Bargain Booze.

Now being marketed by Christie & Co, the shops are all held leasehold and the majority have reported record uplifts in trade during the Covid-19 pandemic.


READ MORE: UK convenience store sales up 17% as shoppers go “ultra local”


Christie & Co said the shops are available for individual purchasing.

“These stores couldn’t have come to market at a better time, when there is heightened interest in convenience retail,” Christie & Co retail director Mark Kaluza said.

“We have already agreed a number of deals on these stores since coming to the market.

“The sector has received a real boost though the Covid-19 crisis as more customers shop locally.”

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Bestway drafts in advisers to market 37 stores

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// Bestway hires advisers from Christie & Co to market 37 retail properties across the UK
// The Bargain Booze, Wine Rack, Select Convenience & Central Convenience stores no longer fit with Bestway’s strategy

Bestway has appointed a property adviser to market 37 of its stores as they no longer fit with its business strategy.

The stores in question – which trade as Bargain Booze, Wine Rack, Select Convenience and Central Convenience – were acquired in 2018 from the administrators of Bargain Booze.

Now being marketed by Christie & Co, the shops are all held leasehold and the majority have reported record uplifts in trade during the Covid-19 pandemic.


READ MORE: UK convenience store sales up 17% as shoppers go “ultra local”


Christie & Co said the shops are available for individual purchasing.

“These stores couldn’t have come to market at a better time, when there is heightened interest in convenience retail,” Christie & Co retail director Mark Kaluza said.

“We have already agreed a number of deals on these stores since coming to the market.

“The sector has received a real boost though the Covid-19 crisis as more customers shop locally.”

Click here to sign up to Retail Gazette‘s free daily email newsletter

GroceryProperty

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
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