All Property articles – Page 3
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ReportsSUMMIT 2022: The forecourt property market is great at the moment, but for how long?
Steve Rodell, managing director, retail at Christie & Co, told delegates at Forecourt Trader Summit 2022 that the Covid pandemic – when fuel volumes dipped and non-fuel sales boomed – had given us a glimpse into the future, a future that included more and more EV charging.
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NewsThird purchase in six months as Jos Richardson acquires Waterside Filling Station
Jos Richardson & Son Ltd has acquired the freehold to Waterside Filling Station in Beverley, East Yorkshire.
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NewsCouncil decides to give no evidence to inquiry into its decision to refuse MSA permission
Warrington Council has announced that it will not present any evidence to a planning inquiry looking into its refusal of planning permission for a motorway service area to the north of junction 11 of the M62.
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NewsMumbles Group secures funding to develop more than 20 new forecourts across the UK
Funding to develop more than 20 new forecourts across the UK has been secured by property developer Mumbles Group from OakNorth Bank.
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NewsAscona 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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NewsThere’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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NewsCouncil 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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NewsFour 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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NewsMaiden 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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NewsRoadchef 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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NewsEG 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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NewsVST 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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NewsIndependently 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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NewsProperty 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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NewsEG 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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NewsMoto 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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NewsRapleys 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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NewsSellers 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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NewsChristie & 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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NewsKay 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.