THE RETAIL BULLETIN - The home of retail news
HOME
RETAIL NEWS
RETAIL EVENTS
Fashion
Department Stores
Shopping Centres & Retail Parks
Home & DIY
Electricals
Health & Beauty
General Merchandise
Entertainment
Sports & Leisure
Retail Solutions
Food & Drink
RETAIL INSIGHTS
RETAIL SOLUTIONS
ABOUT US
CONTACT US
SUBSCRIBE FOR FREE
Patidar opens new Nisa store

Barclays has provided a £600,000 term loan to support the development of a new convenience store for the Sale-based retailer, Patidar Ltd.

GENERAL MERCHANDISE

Patidar opens new Nisa store

Patidar is a group of convenience stores operating in the Sale area under the Nisa franchise.
 
The funding has enabled Patidar to purchase a run-down public house and develop it into a brand new, standalone convenience store.
 
Hemant Patel, Managing Director of Patidar Ltd said: “This was a fantastic opportunity to purchase a run-down site in order to develop a high quality convenience store for the local community. The store is in an ideal location and will support the business on its successful growth journey whilst maintaining the highest level of service for our customers.

“We have built a great relationship with Barclays over the years, and their understanding of the business and determination to support us with this transaction demonstrates the faith they have in our business model. We look forward to working with Barclays in the future as a trusted, strategic banking partner.”
 
Barclays Relationship Director Philippa Brown said: “This is a very successful business on a long growth journey. The newly acquired building in Sale is ideally located to benefit the local community and should hopefully be the catalyst for the business to re-develop their existing portfolio of stores in line with the new blue print they have created.”

Email this article to a friend

You need to be logged in to use this feature.

Please log in here

Subscribe For Retail News

RETAIL EVENTS

Retail Human Resources Summit
Retail Human Resources Summit
Wednesday 3 October 2018
The Cavendish Conference Centre, London W1
The 10th HR Summit 2018, The Cavendish Conference Centre, London W1, 3rd October 2018
The Retail Design Summit 2018
The Retail Design Summit 2018
14 November 2018
The Cavendish Conference Centre
The Retail Design Summit 2018
Omnichannel Futures Conference 2019
Omnichannel Futures Conference 2019
6 February 2019
Cavendish Conference Centre, London WG1 9DT
A truly omnichannel offering requires an understanding of customer behaviour across all shopping channels and how this should impact your overall business strategy
Customer Engagement Conference 2019
Customer Engagement Conference 2019
5 June 2019
Cavendish Conference Centre, London W1
The 10th Annual Retail Customer Engagement Summit
National Minimum Wage Breakfast Briefing
National Minimum Wage Breakfast Briefing
20 September 2018
6th Floor 1, St. Martin's Le Grand London, EC1A 4AS
National Minimum Wage Breakfast Briefing