Talking Retail Grocery and product news for independent retailers
All of the stores for sale were bought from the administrators of Bargain Booze in 2018, when Bestway Wholesale created Bestway Retail to manage those stores.
The stores are being sold “because they no longer fit Bestway Retail’s future strategy”, according to Christie’s.
Mark Kaluza, director of retail at Christie’s, said: “We are delighted to continue assisting Bestway with the sale of some excellent off-licences and convenience stores.
“As this is now our second tranche of divestments, from our experience of running the first release, these stores will strongly appeal to existing retailers looking to take over management run stores in their local area or new owners looking for their first purchase, having worked in the convenience retail sector for someone else.
Bestway have been able to offer buyers franchise agreements to trade their Bargain Booze brand to support retailers whilst also being open to sell them free-of-tie to their trading names.
There is certainly no better time to acquire a new retail business, when demand from communities is so high.”
The bid deadline for the latest stores to be put up for sale is 25 August.
