A NEW lease of life is being breathed into the former Woolworths building in Enfield Town after a new business moved in.

The building in London Road has been taken over by Home Solutions, a small business based in Chingford.

Shop fitters are busily replacing the shelves before filling them up in time for a July 6 opening.

Retail pundits have said that Woolworths, a company which opened its first British store in Liverpool in 1909, lost its way in the past decade because was too much of a general store.

Other high street discounters and internet businesses such as Amazon and Play also ate into its profits.

But far from trying a different kind of shop altogether, the shop's new boss, an independent trader from Woodford Green, intends to stick to a very similar formula to its former occupiers.

Shoppers can expect furniture, homewares, cards, toys, stationery and the old Woolies' favourite, pick and mix.

Company owner, Izzy Ahmed, 48, said: “Number one is value for money.

“There were a lot of things that Woolworths didn't make money on, like electrical goods and DVDs. We're more into the everyday items. I like to think that we will be a lot cheaper than Woolworths.”

Mr Ahmed lives on the Monkhams Estate and has been running his Chingford shop for 15 years.

The Enfield store will be his second retail outlet.

Woolworths folded in November last year, leaving its administrators Deloitte the job of finding takers for all 807 shops.