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22 July 2016 | Retail

Applegreen acquires latest site in Burnham on Sea

Specialist business property adviser, Christie & Co has successfully sold Central Garage (Bos) Ltd in Burnham-on-Sea to Applegreen (Petrogas Ltd).

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The forecourt is accompanied by a convenience store with a trading area of approximately 2,000 sq ft supplied by Spar, Appleby Westward, with a vehicle workshop located to the rear. Fuel will continue to be supplied by Valero under the Texaco brand.

The site is located towards the north of the town, close to Brean Sands. The area attracts many tourists due to its six-mile-long beaches and there are numerous caravan and other holiday parks (including Pontins) close by, all providing footfall to the forecourt. This provides an uplift in trade from April through to September.

David Morris , Business Agent at Christie & Co’s Bristol office handled the sale and commented, “The forecourt market remains buoyant with demand outstripping supply. This demand stretches from forecourts that require significant investment through to forecourts, like Central Garage, which have enjoyed continuous capital investment from the owner.”

Gordon Reasons owned and operated Central Garage for over 30 years and has now decided to retire. Gordon comments, “Having worked incredibly hard to grow the business for over 30 years, I am now looking forward to my retirement.  I would like to thank the staff for their support in helping me operate Central Garage and Christie & Co for handling the sale for me.”