MFG set to offload 87 sites as CMA provisionally clears way for Morrisons deal
A proposal by MFG owner Clayton Dubilier & Rice LLC (CD&R) to sell 87 service stations in order to adress competition concerns over its takeover of Morrisons, has been provisionally accepted by the Competition and Markets Authority (CMA).
EV charging high on the agenda as The Forecourt Show enjoys ‘fantastic’ post-Covid return
The issues around electric vehicle charging were high on the agenda at this week’s Forecourt Show, as service station operators and suppliers came out in force to catch up with the latest innovations and developments across the fuel and forecourt sector.
Extra MSA unveils new plan for £90m service station on western M25
Extra MSA has unveiled a new plan for a £90m service station on the M25 on a site on the opposite side from where it lost a planning inquiry for a development last year.
Hockenhull Garages acquires four sites in the Midlands from EG Group
Award-winning Top 50 Indie Hockenhull Garages (HGS Leicester Ltd) has bought four sites from EG Group after securing a six-figure funding package from HSBC UK.
SUMMIT 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.
Third 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.
Council 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.
Mumbles 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.
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.
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
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.
