CJ Lang, the Dundee-based independent retailer and distributor, has sold a Spar convenience store in Airdrie.
The store, in a residential area of the North Lanarkshire town, has been purchased by experienced retailer Sathish Kumar Thangavel.
Christie & Co, which marketed the property, said: “Alongside some other properties, the store was marketed by Christie & Co on behalf of Scotland's largest independent retailing and distribution company, CJ Lang, and has now been purchased by Mr Sathish Kumar Thangavel.”
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Steve Rodell, managing director of retail at Christie & Co, said, “We are delighted to have completed on the sale of this Spar convenience store, especially given current economic uncertainty. The Covid-19 pandemic has highlighted the importance of local shops to their nearby communities, and we wish Mr Thangavel the best of luck in his new venture”.
A spokeswoman for Christie & Co said Mr Thangavel had been a petrol forecourt operator for MFG (Motor Fuel Group) so was "an experienced retailer".
"This is his first direct-owned retail business," she added.
The spokeswoman noted Christie & Co had been running a process for CJ Lang of selling "a small number" of company-owned stores as trading concerns. She noted these were around Scotland and that they "no longer fit the company’s criteria".
She added that other sites Christie & Co had sold for CJ Lang included a shop in Stenhousemuir, and an outlet at Holburn Street in Aberdeen. A further two units further units, in Tayside, are under offer.
The spokeswoman noted CJ Lang has around 130 trading stores.
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