All Property articles – Page 4
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NewsTop 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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NewsCMA 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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NewsFour 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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NewsGardner 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.
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NewsPlanning inspector gives go-ahead for new petrol station and convenience store
Work to build a new petrol filling station and convenience store in the East Riding of Yorkshire will start this summer after a planning inspector overturned the local council’s refusal of planning permission.
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NewsTop 50 Indie Penny Petroleum expands estate to 70 sites with latest acquisition
Top 50 Indie Penny Petroleum Group has expanded its estate to 70 sites with the acquisition of a forecourt from a fellow Top 50 Indie.
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NewsCertas Energy buys portfolio of seven forecourt sites from Top 50 Indie
Certas Energy has purchased seven petrol filling stations operated by Marla and Gus Saggu, bringing the company-owned estate to a total of 84 sites.
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NewsMaxol’s Portrush site opens following £1.73m investment
Maxol, Northern Ireland’s leading family-owned forecourt and convenience retailer, has reopened its Portrush service station following a substantial investment of £1.73 million.
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NewsLeasehold sale of Greater Manchester-based Partington Service Station completed
The leasehold sale of Partington Service Station, a previously Essar-branded forecourt in Partington, Greater Manchester, has been completed by specialist business property advisor Christie & Co.
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NewsResilience of forecourts through pandemic a good sign for the future says Christie & Co
The experience of trading conditions in the past year of the pandemic, has given forecourt retailers a glimpse of a future on the ‘road to zero’, according to Steve Rodell, managing director - retail, at Christie & Co, which has just released its latest annual ‘Business Outlook’.
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NewsTop 50 Indie Ascona Group bags its 50th site and aims to double total in a year
Top 50 Indie Ascona Group has reached 50 sites in the UK with the acquisition of BP-branded Anker Service Station in Nuneaton, and secured financial backing from Crestline Europe and Nash Business Capital to more than double its portfolio to 120 sites in 2021.
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NewsFreehold of Rowborough Service Station in Cotswolds sold by Christie & Co
The freehold sale of Rowborough Service Station, a Shell-branded forecourt on the A429 between Moreton in Marsh and Shipston on Stour in the Cotswolds, has been completed by specialist business property advisor Christie & Co.
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NewsEG Group marches on with €485m purchase of 285 sites in Germany
EG Group growth continues with the latest agreed acquisition of a network of 285 petrol station forecourts in Southern Germany from OMV Deutschland GmbH, for €485 million.The acquisition will expand EG’s presence in Germany, where EG already operates sites under the Esso fuel brand.
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NewsMFG buys six sites from fellow Top 50 Indie AUK Investments
The number one Top 50 Indies forecourt operator Motor Fuel Group (MFG) has acquired six forecourts in the Lake District from fellow Top 50 Indie AUK Investments.
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NewsFilling station developer raises £16.5m facility from bank for further schemes
A privately owned property company that specialises in developing new petrol filling stations with convenience stores has raised funds to acquire and develop two more sites.
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InterviewUNDER THE SPOTLIGHT: 20 questions for Jason Lowes, Rapleys
Town planning is Jason Lowes’ forte but he has a sense of adventure, loving road trips in the US and is hankering after a trip to Brazil
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NewsTop 50 Indie Ascona Group adds two Welsh Texaco forecourts to its estate
Acquisitive Top 50 Indie Ascona Group has added two forecourts to its estate taking it to a total of 44 operational sites.
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NewsForecourt values unlikely to be affected by 2030 announcement says Christie & Co
Property advisors Christie & Co have reassured forecourt owners that the new deadline for phasing out sales of new petrol and diesel cars and vans will have a negligible impact on the value of their investments.
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NewsBP sells 49% stake in portfolio of 199 forecourts for just under £400m
BP has raised nearly £400m through the sale of a 49% stake in the freehold of a portfolio of 199 company-owned forecourts across the UK, as part of a lease-back arrangement.
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NewsWessex Retail adds forecourt to its Spar network in the South West
Wessex Retail has recently completed the acquisition of Newtown Services near Penzance, Cornwall.