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

Ascona makes its fourth acquisition this year

John Wood ·
Morley service station

Fast growing Ascona Group has completed its fourth acquisition this year with the purchase of Morley Service Station in Plymouth, Devon, for an undisclosed sum.

Specialist business property adviser Christie & Co sold the site for a client who had operated it since 1997 and wished to exit the business.

It comprises a Texaco-branded forecourt with four pump islands and a Mace convenience store.

Darren Briggs, CEO of Ascona Group, commented: “Ascona are extremely pleased with this particular acquisition as it opens up the South West as an area for us. We have a number of further acquisitions ongoing in the area and are funded to grow significantly throughout the UK during 2019.”

William Trott, business agent at Christie & Co’s Exeter office, handled the sale and commented: “Morley Service Station has been an interesting deal, which we are very excited to have concluded on. I would like to thank our client for allowing us to broker the deal for him in order to exit the business with the most favourable terms the market had to offer.

“The interest from Ascona and their speed to the deal was fundamental to the success of the sale. We look forward to dealing with Ascona in the future and wish our client all the best with his other business.”

Want more stories like this in your inbox?

Sign up for our FREE email newsletter


  • Weekly
  • Weekly
  • Daily
Weekly retail fuel prices: 10 June 2019
RegionDieselLPGSuper ULUL
East Midlands134.59140.57129.69
North East133.19142.40129.15
North West134.1363.90139.73129.13
Northern Ireland131.34135.32128.05
South East135.2562.40141.74130.52
South West134.5167.90140.57129.57
West Midlands134.34140.64129.70
Yorkshire & Humber133.72140.40129.24

Most read

As ESSO and BP join Shell and Gulf in launching new loyalty programmes this year, are such schemes a key tool for businesses today?