Forecourt Trader - 30 years at the heart of the fuel retailing community
Rontec sells Esso site in Somerset
Published:  07 October, 2015

A property specialist is predicting prices for forecourt sites are likely to rise in the light of its latest deal in the sector.

The Esso petrol station on Townsend Road in Minehead, Somerset, has been sold by property and planning consultants Rapleys.

The site was deemed surplus to requirements by Top 50 Indie Rontec, which instructed Rapleys to act on its behalf in the disposal. The site was sold for an undisclosed sum to an experienced operator who was looking to expand his estate.

Mark Frostick of Rapleys commented: “We had a number of bids for the site and we exceeded our expectations in terms of value. However, there remains a lack of good quality stock on the market and this is likely to cause upwards pressure on values going forward.”

Rontec was ranked third in the most recent Forecourt Trader Top 50 Indies published in March with 210 sites, and since then it has sold 15 sites to Asda and bought 19 as Esso completed the sell-off of its estate.

  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 12 August 2019
RegionDieselLPGSuper ULUL
East Midlands132.3882.90140.96129.04
North East131.01141.52128.85
North West131.7261.90139.66128.96
Northern Ireland129.24135.57126.71
South East132.9759.90141.37129.82
South West132.33140.93128.95
West Midlands132.06141.78129.37
Yorkshire & Humber131.4669.57142.64128.74

Most read

As the Government is urged to publish its plans for E10 by the All Party Parliamentary Group (APPG) for British Bioethanol, would you welcome the introduction of E10 as the right next step in cutting automotive carbon emissions?