Grange Convenience Store in Daventry, Northamptonshire, has been sold through Christie & Co.
The store is located in the heart of the community, within a housing development and a short walk from the Daventry campus of Northampton College. Having recently introduced the National Lottery, the store has seen an increase in footfall and subsequent growth in sales.
The Grange Convenience Store has been purchased by Raja Thomas, an experienced retailer who currently runs an independent convenience store near Loughborough. Raja’s long-term plans are to re-fit the store and develop the business further.
The previous owner, Vijay Odedra, who instructed Christie & Co to sell The Grange Stores comments, “I have enjoyed operating the store during my time there but I wanted to look towards retirement and a slower pace of life. Stephen Bell and Dave Morris helped me secure a sale so that I can realise my plans. I wish Raja all the best for the future.”
David Morris, Director within the Retail team at Christie & Co, handled the sale, and added, “This is a great owner-operated business in the heart of the local community. Vijay had developed the store into a thriving business that was well positioned to serve the local community during the COVID 19 lockdown, when footfall increased.
'This is another good example of the strong demand for retail businesses that has continued to increase since lockdown.”