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19 July 2017 | Retail Mortgages

Christie Finance helps retailer buy his first store

Thapar Newsagents in Glasgow has a new owner thanks to funding arranged through specialist commercial finance broker, Christie Finance.

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The business is a leasehold convenience store located in Knightswood Shopping Centre, Scotstounhill, and benefits from a strong existing trade and a recent refurbishment. Specialist property adviser Christie & Co. sold the store after a successful marketing campaign.

The new owner, Rizwan Mohammed, has worked in a convenience store since 2009 and was looking to own his first store. Nicole Jones, Finance Consultant at Christie Finance, approached Rizwan to help with funding and secured a competitive finance facility from a High Street lender.

Nicole comments, "It's always great to help a client take their first step into business ownership. Thapar Newsagents is a fantastic opportunity for Rizwan to develop and I am overjoyed that I could get him the right funding at the right price."