Top 50 Indie Petrogas UK has leased a former Shell service station near Castleford from Colliers International’s Automotive and Roadside team, acting on behalf of a private landlord.
Located in Glasshoughton, 11 miles south-east of Leeds, the site extends to 0.35 acres and includes a petrol filling station with three raised concrete fuel islands, an ancillary retail unit, and car wash. Petrogas has leased the site for a term of 15 years.
David Myers of Colliers International commented: "We are pleased to have been able to secure a new operator for this key petrol filling station site in Glasshoughton. All parties worked pragmatically to ensure that the site did not close following the end of Shell’s lease in April 2015. Petrogas proved to be a good fit as the site complements their existing network across the UK."
The deal came weeks before Petrogas announced it was floating in order to fund further expansion (see page 4).