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Leicestershire service station sold in £1.41m deal

John Wood ·
Eastwoods Service Station, Ashby Road, Stapleton, Leicestershire

A Leicestershire service station has sold for nearly 20% above its guide price in a £1.41m deal.

Coventry-based commercial property specialist Bromwich Hardy oversaw the deal for the Eastwoods Service Station on Ashby Road in Stapleton.

The 2.7-acre site, which is fully operational, includes a shop, three-bedroom bungalow, 12,000sq ft of industrial units, offices and car wash and is licensed for haulage use for up to 20 vehicles.

Bromwich Hardy partner David Penn said he was delighted with the price achieved for the station, which is on the A447 Ashby Road between Hinckley and Coalville, and was 17.5% above the guide price.

“This was a terrific opportunity with a range of buildings, accommodation and services alongside the petrol station and shop itself and the sale price reflects that,” he said.

“We are delighted to have been able to negotiate a particularly pleasing deal for the site as a whole and look forward to working with the buyer to bring further opportunities at the site to market.

“The purchaser is a national specialist in the running of petrol stations and clearly saw the potential of the site to provide a long-term return on its investment. We are now working with the new owners to find a tenant or tenants for the surplus workshops and yard, which total 11,576sq ft plus 0.83 acres.”

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Weekly retail fuel prices: 30 March 2020
RegionDieselLPGSuper ULUL
East Midlands119.01131.46114.46
North East116.33131.57110.86
North West117.71131.66113.21
Northern Ireland113.94120.90108.13
South East120.0368.90132.46116.19
South West118.30130.34113.27
West Midlands118.8857.90135.85114.78
Yorkshire & Humber117.69131.84113.09

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