Forecourt Trader - 30 years at the heart of the fuel retailing community

14 forecourt sites sold in £30.9m deal

12 January, 2016
Page 4 

A portfolio of 14 petrol stations has been sold to a Middle Eastern investor for 30.9m.

According to Property Magazine International, investment manager Aerium sold the portfolio to Shiekh Ahmed Bin Nasser Al-Thani, who was advised by Investra Capital. The sites are let to Co-operative Group for 12 years generating rent of about 2m a year, and they are operated by Co-operative Group and Petrogas. Aerium said that eight of the sites had recently been totally redeveloped, one had been extended and five refurbished.

Robin Carr, fund manager at Aerium, said: "This is a high-quality portfolio with a strong covenant and the benefit of fixed annual rental uplifts, which will continue to be a sound investment asset while also delivering good-quality, long-term income."





  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 15 January 2018
RegionDieselLPGSuper ULUL
East124.9460.90131.85122.27
East Midlands124.34132.31121.54
London125.0662.90132.42122.10
North East123.94133.63121.07
North West124.1658.50132.51121.18
Northern Ireland123.4169.90128.40120.85
Scotland124.5774.90130.88121.33
South East125.1561.40132.52122.48
South West124.73130.24121.91
Wales124.44128.57121.19
West Midlands123.7465.23132.27121.20
Yorkshire & Humber123.9161.90132.74121.12

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