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

£6.5m paid for a pair of forecourts

01 February, 2016
Page 4 

More than 6.5m has been paid for the freehold of two forecourts.

Harmsworth Pooled Property Unit Trust, advised by Helix Property Advisors, has acquired the freehold investment of the petrol filling stations and convenience stores, in Hemel Hempstead and Roehampton, London SW15, from companies advised by Avignon Capital Limited and Barber Wadlow for 6.54m.

Both properties are let to Co-operative Foodstores for a further 11.5 years and produce a combined annual income of 408,840.

Isabella Valgimigli of Helix Property Advisors said: "These acquisitions are part of a planned expansion of our client's portfolio and the diversification strategy to purchase alternative and non-traditional assets in regional and well-positioned locations."

My Account

You are not logged in.
  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 2 October 2017
RegionDieselLPGSuper ULUL
East Midlands120.03127.76118.80
North East119.80129.71118.46
North West120.19127.87118.63
Northern Ireland119.22125.23117.53
South East120.7259.90129.39119.48
South West120.39128.00119.02
West Midlands120.0865.90128.12118.84
Yorkshire & Humber119.73127.02118.57

Most read

As many forecourt operators continue their quest for expansion - driving up forecourt prices - could you be tempted to sell your business?