Costcutter retailer Jaranjeet Singh has opened a new store in Fareham after a £50,000 investment, his second shop in Hampshire after taking over a unit in Gosport last year.
The new store was transformed from an old craft shop on West Street, Fareham into a 2,000sq ft Costcutter store complete with an in-store ATM, Payzone, hot drinks, food-to-go and full convenience range.
The store was officially opened at an event attended by the Mayor of Fareham Councillor Connie Hockley, Jaranjeet’s mother Saran Kaur and wife Parkash Kaur.
Jaranjeet said: “I wanted to open a contemporary store in Fareham to provide a comprehensive range of products and services to local residents. Being local to the area, I was aware there wasn’t anything on the doorstep for customers, which provided such a strong selection. I can now offer an expanded convenience range to customers including fresh produce, hot food to go and fresh coffee.”
After taking over a Costcutter store on Gordon Road, Gosport back in 2015, Jaranjeet has now teamed up with business partner Harmon Singh Kapoor. The two plan to hire two part-time staff members for the Fareham store and are looking to open a second store together next year.
Harmon Singh Kapoor said: “Having seen the success of Gosport, I was really pleased to open the Fareham store with Jaranjeet. The support from Costcutter has been excellent and we received great feedback on our launch day from local residents, so I’m confident Costcutter Fareham will be a great success.”
Pictured (l to r): Saran Kaur (Jaranjeet’s mother), Jaranjeet Singh, Harmon Singh Kapoor, Mayor of Fareham Cllr Connie Hockley and Parkash Kaur (Jaranjeet’s wife)