A SHOP and post office has a new owner after it was put up for sale.

Costcutter Store & Post Office in Helmsley has been bought by Quentin Wilson, after its previous owner made the decision to sell in order to focus on another shop.

Mr Wilson said he planned to grow the business by extending opening hours and adding services and products from local suppliers, with the help of customer feedback. A large focus will also be placed on employing local people to further support the community, he added.

“We want to ensure this store remains at the heart of the community and I wish to thank the Christie & Co network, as their help is an essential step in making this a reality,” said Mr Wilson.

The sale was completed with the help of Christie & Co, supported by Christie Finance.

Matthew Gudgeon, finance broker, said: “It has been a pleasure to work with Quentin on his acquisition of the Helmsley Costcutter Store & Post Office.

“Raising finance in the retail sector can be challenging as lenders exercise caution towards a sector which is undergoing change.

“However, Christie & Co’s expertise and the strong relationships Christie Finance have with lenders allow us to successfully arrange finance with market leading terms for our clients. I wish Quentin and his family the very best of luck in the future.”