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."





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Weekly retail fuel prices: 10 June 2019
RegionDieselLPGSuper ULUL
East135.3166.90140.93130.00
East Midlands134.59140.57129.69
London134.50141.91130.33
North East133.19142.40129.15
North West134.1363.90139.73129.13
Northern Ireland131.34135.32128.05
Scotland134.25140.07129.86
South East135.2562.40141.74130.52
South West134.5167.90140.57129.57
Wales133.6764.90137.30128.83
West Midlands134.34140.64129.70
Yorkshire & Humber133.72140.40129.24

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