Saddlery and Tack shop in Kent sold after just 4 months on the market

This Kent based Saddlery and Tack shop has been successfully to new owners just 4 months after coming to the market.

Established since the 1970s, the business offers riding equipment and tack for horse, rider and stable as well as a wide range of feed and supplements. It benefits from being centrally located in a busy riding community and serves a large area. It has an excellent reputation and benefits from a large database of customers.

A retirement sale, the first offer for the business came after the business had been on the market for less than 2 months, with the £65,000 sale completing soon after to private buyer Mrs Wilson, who will work in the business full time.

Cheryl Hunt, Sales Negotiator at Knightsbridge, acted on behalf of the seller: “I wish my clients a very happy retirement and I wish the new owner the very best of success for the future.”

Traditional newsagents in County Durham sold to new owners

This well operated traditional newsagents in Stanley, Durham, has been successfuly sold to new owners.

The business, which had been under the ownership of the same family since 1896, has been passed on through many generations and enjoys a well established position in a densely populated area in South Moor, Stanley.

The business occupies a large two storey detached premises with a one bedroom flat.

The Business was offered to the market due to our client’s intentions to retire.

The new owner, Mr Miah, is the owner of a nearby restaurant and saw the shop as an ideal investment opportunity.

Gemma Moss of Knightsbridge Business Sales Commented, “I would like to wish our client, Mrs Hamflett, a happy retirement and the best of luck to Mr Miah.”

Sale of well established Procters News in Scarborough

This well established off licence, which was under the ownership of our client since 2006, has been successfully sold to new owners for £250,000 sav.

The business, which generates an annual turnover in excess of £675,000, serves many regular customers and a huge volume of passing customers with a wide selection of alcohol, convenience goods, tobacco, confectionary and soft drinks amongst other sundry items and newspapers and magazines.

Situated on the outskirts of Scarborough Town centre the business sits in a superb position on a main thoroughfare into the centre with a mixture of residential and commercial premises s

The business trades from a substantial mid terraced property which benefits from two bedroom accommodation which has been fitted and finished to the highest of standards throughout.

The business was brought to the market due to our client’s wishes to retire and was purchased by private buyer Mr Ratnasingam.

We wish our client and the new owner the best of luck in the future.
urrounding it, this makes for an extremely busy location with plenty of passing footfall throughout the day.

Successful newsagenets in Teesside sold to new owners

Knightsbridge have successfully completed the £140,000 sale of this Teesside based newsagents.

Generating a turnover in excess of £1,000,000 per year plus Lotto and Paypoint commissions, the business offers a range of traditional lines such as newspapers, confectionery and tobacco; the business also retails off sales and a limited line of grocery items. The PayPoint terminal drives additional footfall, whilst the Lotto terminal is the busiest independent site in the North East, and regularly one of the busiest in the UK.

The business is located in the centre of a town centre in Teesside, benefiting from exceptionally high levels of footfall throughout the day.

The business operates from a mid parade terrace property which is in excellent commercial order throughout.

Brought to the market as a retirement sale, the business was purchased by private buyer Mr Maxwell. Mr Maxwell intends to work in the business himself whilst also retaining the existing staff.

Sales Negotiator Cheryl hunt commented, “I would like to wish the best of luck and success to Mr Maxwell with his new business venture. I would also like to wish our clients, Ann and Peter, all the very best with their retirement plans.”