2 minute read
New Barns Store
by 55 North
Cambridgeshire store gets fresh start
The store’s new owners have experience of the convenience sector.
Husband-and-wife team, Dinesh and Harsha Makwana, has bought a closed Spar store in Ely, Cambridgeshire. The two-storey store has both a convenience retail offering and Post Office services.
The couple has worked in various industries during their careers, including owning two c-stores for a number of years – one of which they have since sold and the other lies just 10 miles from Ely.
Since acquiring the business, which is located in a residential area, Dinesh and Harsha have reopened the Post Office service and conducted a refurbishment and fitting-out of the store. The business has also undergone a full rebrand, and now trades as New Barns Stores.
The couple said: “We decided to purchase the business as we recognised an opportunity and with our 10 years of experience in the convenience retail sector, we believe we’ll be able to make this venture a success.
“We have already equipped the store with modern-styled facilities that are catered for all ages, and more importantly, we’ll be able to offer a convenience store for everybody to get their everyday items.”
Lawrence Roberts, Associate Director at Christie Finance, who sourced funding for the acquisition, added: “Dinesh and Harsha were keen to re-open this convenience store in order to bring these vital services back to the local community, and I am delighted to have secured a competitive funding package which has allowed them to do this.
