Martin McColl is struggling to sell a number of its stores, The Grocer has learnt.

The c-store and CTN chain slapped a 'for sale' sign on 54 of its 1,320 stores a year ago because they did not fit the company's future strategy, but is still hunting for buyers for 18 of the sites.

It has cut the price of 12 of the stores by as much as £25,000 each. One store in West Yorkshire has been reduced from £40,000 to £15,000, two stores have been cut from £40,000 to £18,500, while the asking price of four stores has been reduced from £40,000 to £25,000.

It has also put a further 14 stores up for sale.

Christie & Co, which is selling the sites for Martin McColl, denied the chain was struggling to find buyers. "Martin McColl is churning its estate," a spokesman said. "It believes some sites are more suited to independent retailers."