All Property articles
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News
New online platform launches for buying and selling automotive businesses
A new online platform, AutoCommercial.co.uk, provides a dedicated space for buyers, sellers and agents to list and discover automotive businesses and properties.
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News
Rebecca Harper promoted at Rapleys
Rapleys has named Rebecca Harper as head of investment, within the Partnership’s Commercial Division.
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News
MFG agrees partnership and proposed acquisition of 337 Morrisons forecourts in £2.5bn deal
MFG and Morrisons have confirmed the proposed acquisition by MFG of 337 Morrisons petrol forecourts (including fuel, convenience retail kiosk and ancillary services) and more than 400 associated sites across the UK for the development of ’ultra-rapid’ EV charging.
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News
Commercial property expert Steve Rodell shares inside knowledge on the forecourt market at Summit
Guidance on making the right property choices is on offer at the Forecourt Trader Summit on 27 February from Steve Rodell, business property expert at Christie & Co.
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News
Strong demand for forecourts will continue in 2024, predicts Christie & Co
Forecourt retailers keen to sell sites should not feel under pressure to reduce their price because of the economic situation, advises specialist property expert Christie & Co. Its latest Business Outlook report, covering the sector, predicts that 2024 will continue to see demand for forecourts outstrip supply, with buyers attracted to the “needs-driven trading fundamentals that convenience retail assets offer”.
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News
Two high-turnover forecourts change hands as independent sells up in Scotland
Two high-turnover forecourts in the Central Belt of Scotland have been sold by specialist business property adviser, Christie & Co, under the title ‘Project Squash’.
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News
Family-run filling station in North Yorkshire sold through Christie & Co
Crakehall Filling Station near Bedale, North Yorkshire, which has been operated by the Jobling family for 55 years, has been sold through business property adviser Christie & Co.
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News
Property consultancy Rapleys expands its Automotive & Roadside team
Property consultancy Rapleys has expanded its Automotive & Roadside team with its recruitment of David Johnson, formerly property director at Listers Group, the 12th largest automotive group in the UK.
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News
Expanding forecourt operator buys Taunton petrol station
A Texaco-branded petrol station in Taunton has been sold to an expanding forecourt operator after the owner decided to retire.
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Analysis
COMMENT: Fuelling growth of the independents, but will they be tempted to cash in?
The Competition and markets authority (CMA) recently accused supermarkets of increasing their fuel margins by 6p a litre between 2019 and 2022. This reflects both Covid and the invasion of Ukraine - both of which had major effects on demand and supply.
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News
Bolton welcomes new forecourt with drive-thru Greggs and Burger King
Diners in Bolton are due to receive two new drive-thru restaurants after developers secured funding from specialist lender Together for a new petrol forecourt development.
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News
Top 50 Indie buys Texaco-branded forecourt at Penryn in Cornwall
A Top 50 Indie company has bought Falmouth Garages, at Penryn in Cornwall, and has started redevelopment of the site.
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News
Locals object to pub being turned into petrol station
Plans to turn an old pub in Percy Main, North Shields, into a petrol forecourt have been met by dozens of objections from locals.
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News
Penny Petroleum expecting to provide Easingwold’s only petrol station
Top 50 Indie Penny Petroleum is expecting to add to its 80-strong estate of forecourt sites after a development in Easingwold, North Yorkshire, was granted planning permission.
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News
SUMMIT 2023: Sustainability issues are impacting property market, warns Rodell
The pace of transition away from fossil fuels may be patchy at the moment, but Steve Rodell, managing director, retail, Christie & Co, believes there is an unstoppable momentum behind it.
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News
Sale of Great Glen Service Station in Fort Augustus announced by Christie & Co
The sale of Great Glen Service Station in Fort Augustus, Scotland, to a national operator has been announced by specialist business property adviser Christie & Co.
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News
The mess around ICE vehicle ban is good news for forecourts, says Christie & Co
The upcoming ban on the sale of petrol- and diesel-engined vehicles is going to be a mess but it’s good news for today’s forecourt operators. That was the view of Christie & Co managing director of retail, Steve Rodell, who was speaking to Forecourt Trader after the unveiling of the company’s Business Outlook 2023 report.
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News
‘Eyesore’ former petrol station site owners hit with fine
The owner of an ‘eyesore’ former forecourt site in Sunderland has been served with enforcement action, issued with a fine – and warned they face further sanctions if improvements are not made to the site soon.
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News
Jets Trading adds to forecourt estate with the acquisition of Caergwrle Filling Station in Wrexham
Jets Trading has added to its forecourt estate with the acquisition of Caergwrle Filling Station in Wrexham.
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News
Brookfield Group gets plans approved
Top 50 Indie the Brookfield Group has been granted planning permission to build a new petrol filling station at the Lincolnshire Showground, just north of Lincoln. Developed in conjunction with the Lincolnshire Agricultural Society, it will be built off the roundabout joining the A15 and Tilbridge Lane (A1500).