04 January 2017 | Retail

Wheddon Cross petrol filling station sold to experienced operator

Specialist business property adviser, Christie & Co has assisted with the sale of Wheddon Cross petrol filling station in Minehead, Somerset in an off-market deal.

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The business, located on the B3224 with direct access to Taunton and Minehead features a petrol forecourt and 2,500 sq ft convenience store.

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The confirmed buyer is a multiple retail operator from Ringwood.

William Trott, Business Agent in Christie & Co’s Exeter office brokered the sale. He comments, "We were delighted to assist with the sale of this successful business. With the current liquidity of funding, general appetite for acquisition and the lack of good stock, as well as fewer opportunities from oil companies, the pressure on the supply of good forecourts will continue to positively influence prices, which is great news if you’re planning to sell.”