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.”