Kings Business Transfer are delighted to announce the sale of Mill News in Seaham, Co. Durham.
The business has been under the ownership of the vendor, Mr William Green, for over 26 years. During this time, the business has developed an excellent reputation within the local community. Mr Green only decided to bring the business to the market due to his wish to retire.
The premises occupies the ground floor of a traditional end terraced property, which is well fitted throughout. Also included within the sale were 2 flats located above the business premises, which have been placed to let to generate further income.
The sale generated strong levels of interest, and following 7 viewings, the business was sold to an experienced operator, Mr Shah, on a freehold basis. The location was a cited as a key reason in his decision to acquire the business.
The vendor, Mr Green, comments: “I was very happy with the service provided by Kings Business Transfer and would recommend them to others. I would like to thank Senga Shuttleworth (Sales Negotiator), for her excellent service throughout.”
Senga Shuttleworth from Kings Business Transfer comments: “This was a straightforward sale – both solicitors worked together to make it a speedy transaction. I wish Mr Shah success in his new venture, and Mr Green a happy retirement and a well-deserved rest”