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

Four Top 50 Indies all acquire new sites

07 April, 2016
Page 4 

Four Top 50 Indies have reported adding sites to their estates during March.

Chartman Retail kicked off the buying spree off with the acquisition of Lydford Service Station on the A37 Lydford-On-Fosse, Somerset, from Devizes Marina Village Limited for an undisclosed sum.

Chartman is ranked 40th in the Top 50 and the new acquisition takes it to a total of nine forecourts. The vendor was advised by Adam Wadlow of Barber Wadlow.

Chartman director Clive Sheppard commented: "This was too good an opportunity for us to turn down. Lydford Services is a high-quality addition to our network."

Penny Petroleum added two more filling stations to its estate. Both sales Helmington Row Filling Station at Crook, County Durham, and Kip Hill Garage in Stanley, County Durham were handled by Christie & Co.

Penny Petroleum, is ranked eighth in the Top 50 Indies with 33 sites, and managing director David Penny said he intends to comprehensively refurbish both sites.

Applegreen UK, which is ranked fifth in the Forecourt Trader Top 50 Indies, acquired its 68th forecourt, in Bath.

Farleigh Service Station, was sold by Christie & Co on behalf of Anthony Ball and his sister Suzanne Rawlinson. The forecourt is on the southbound carriageway of the A36 from Bath to Beckington, and operates under the Esso brand with fuel supplied by Greenergy.

Rounding off the acquisitions, MFG bought two petrol filling stations from Morrisons for an undisclosed price.

Rapleys acted on behalf of Morrisons in the sale of the sites on Trafford Road, Salford, and Old Church Road, Clevedon in Somerset, on a freehold basis. MFG is ranked second in the Top 50 with more than 370 sites.





My Account

You are not logged in.
  • Weekly
    Retail
  • Weekly
    wholesale
  • Daily
    Average
Weekly retail fuel prices: 2 October 2017
RegionDieselLPGSuper ULUL
East120.5363.90127.17119.00
East Midlands120.03127.76118.80
London120.3757.90128.81118.85
North East119.80129.71118.46
North West120.19127.87118.63
Northern Ireland119.22125.23117.53
Scotland120.2463.80126.78118.50
South East120.7259.90129.39119.48
South West120.39128.00119.02
Wales120.0459.90126.47118.61
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?