All Property articles – Page 3
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Ascona Group plans redevelopment of Welsh forecourt
Planning permission to redevelop Enterprise Service Station on the A467 in Newport, has been applied for by Top 50 Indie Ascona Group.
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There’s still an ‘insatiable appetite’ for buying forecourts, reports Christie & Co
Despite climate change, electric vehicles and the looming 2030 deadline, there remains an insatiable appetite for petrol filling stations, with multiple buyers hungry to acquire assets at every level of the market, according to Christie & Co’s latest Business Outlook.
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Council issues appeal for owner of abandoned petrol station site to come forward
A local authority has made a public appeal for the owner of a derelict former petrol station site in Middlesbrough to come forward
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Four Turnings Garage in Fowey, Cornwall, is sold to local investors
The freehold of Four Turnings Garage in Fowey, Cornwall, has been sold by Christie & Co, on behalf of the owners Penny and Chris Jones, to a group of local investors.
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Maiden Newton Service Station sold to Appleby Westward subsidiary, Wessex Retail
The sale of Dorset-based forecourt Maiden Newton Service Station, which had been on the market for £2.5m, has been confirmed by the agents Robert Cooney.
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Roadchef business reported to be on the market for up to £1bn
The UK’s third largest motorway services operator Roadchef is reported to have been put up for sale by its owner, French infrastructure and private equity firm Antin.
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EG Group confirms sale of 27 sites to Park Garage Group
EG Group has announced the sale of 27 forecourt sites to fellow Top 50 Indie Park Garage Group, following its recent confirmation that it had reached agreement with a single purchaser, subject to approval.
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VST Groups acquires two forecourts following retirement
VST Groups - a Rhondda Cynon Taf business - is set to create up to 10 new jobs following the purchase of two service station sites, following a seven-figure funding package from HSBC UK.
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Independently owned forecourt in Cheshire sold to a first-time buyer
An independently owned forecourt site in Cheshire has been sold to a first-time buyer by specialist business property advisor Christie & Co.
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Property consultancy Knight Frank expands its Automotive team
Property consultancy Knight Frank has expanded its Automotive team with the appointment of Tom Rigg as partner.
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EG Group’s investment in Hadley site key to major success for Telford Land Deal programme
The Euro Garages service station development at Hadley is on track to create 155 jobs, and proving to be a major success for the Telford Land Deal programme, reports the Telford & Wrekin Council.
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Moto Hospitality appoints former Welcome Break and Applegreen executive as property director
Former Welcome Break and Applegreen executive Jess Lockwood is to join Moto Hospitality as its new property director. Jess will succeed Steve Masters who retires from the Moto Operating Board in September 2021.
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Rapleys appoints a new head to lead its Automotive & Roadside team
Property and planning consultancy Rapleys has announced that partner Daniel Cook has been appointed as head of the firm’s Automotive & Roadside team.
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Sellers market as forecourt and convenience businesses in high demand, reports Christie & Co
The designation of forecourts and convenience retail as essential services throughout the pandemic, means that buyer demand for such businesses has never been stronger, concludes a report by specialist business property adviser, Christie & Co.
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Christie & Co reports strong demand for forecourt assets coming to the market this year
Property experts Christie & Co have reported strong demand for forecourt assets coming to the market this year.
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Kay Group applies for planning permission for new-to-industry site in Stoke-on-Trent
Top 50 Indie Kay Group has applied for planning permission for a new to industry (NTI) petrol filling station at a site in Stoke-on-Trent.
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Top 50 Indie Karan Retail expands portfolio to 18 sites with acquisition
Top 50 Indie Karan Retail has expanded its estate with the addition of Camstone Service Station, in Whetstone, Leicestershire.
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CMA reveals potential EG Group sites that could be sold to enable Asda purchase
The list of sites which could potentially be sold by EG Group to enable its owners to secure their deal to buy Asda, has been revealed today in a more detailed version of the original positive response announced earlier this month by the Competition Markets Authority (CMA).
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Four acquisitions take Ascona’s total estate to 55
Top 50 Indie Ascona Group has completed the acquisition of four service stations across Lincolnshire and Sunderland, taking its total portfolio to 55 sites across the UK.
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Gardner Garages adds seventh forecourt to estate with acquisition in Wiltshire
Gardner Garages has added a seventh forecourt to its estate after a deal to acquire BP Trowbridge Lodge Services at Trowbridge in Wiltshire was concluded.