Lamberts News sold to an experienced operator

Lamberts News Store, based in North Yorkshire, has been sold to an experienced operator, advised by Kings Business.

The well-established business has been run by the current owner, Gary Knights, for 9 years and enjoys a loyal customer base from the residents of the popular town of Settle, close to Bradford city centre.

As such, the business has become an essential part of the local community, trading in all manner of goods.

After cementing a successful reputation for the business, Gary decided to place Lamberts News on the market to pursue other business interests.

Kings Business was instructed in the sale and our bespoke marketing campaign generated strong interest with 6 offers.

The business was sold to Mr Khan, an experienced retail operator, who hopes to continue to build and grow the business.

Mr Khan was attracted to the business due to its successful reputation and his experience within the sector.

Upon completion of the sale, Gary Knights said: “Kings Business have gone above and beyond to sell my business. Lauren was brilliant and kept me up to date, a massive thank you to Lauren for all she has done getting our sale completed. I am very grateful for all her efforts”.

Mr Khan said: “I am very happy with the purchase. The service received from start to finish has been really good and I appreciate Lauren’s attention to the sale. We are looking forward to busy few weeks whilst we get on our feet again”.

Sales Negotiator Lauren Lees said: “I am over the moon to have sold this business for Mr Knights, we have a very good relationship and I am pleased we were able to see this sale through. I’m sure the buyer will be just as successful with this business and I wish them both the best of luck in the future”.