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27 June 2019 | Retail

Busy petrol station in the heart of Kent town brought to the market

Specialist business property adviser, Christie & Co has brought to the market a Gulf branded petrol filling station with a Bargain Booze store in the Kent town of Ramsgate.

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The busy forecourt provides 24 nozzles and benefits from the on site Bargain Booze store, which provides an off licence and a range of convenience products, catering to a variety of customer needs. 

Situated on the High Street in the heart of St Lawrence, on the main road into the town centre, the forecourt is ideally located to capture passing trade and local footfall, trading successfully with a net turnover of circa £20,000 a week. Serving both local residents and the high volume of visitors to the area, with many drawn to the scenic Kent coast, the business is well placed to maintain consistent trade.

The site has been owned by the Morrison family for over 50 years and they have now decided to sell in order to pursue other business interests.

Partner in the business, Annabel Du Plessis, comments, “We are delighted to have Jack Dudley of Christie & Co acting on our behalf for the sale of our site. Both Jack and Christie & Co are very active in the forecourt market in the South East so it makes perfect sense to be working with them. It’s a shame to be selling what is a very busy petrol station but the time is right for us to focus on other things.”

Jack Dudley, Senior Business Agent at Christie & Co, is handling the sale and comments, “I’m very pleased to be acting on behalf of the Morrison family in the sale of their thriving forecourt business. This site is located in the heart of St Lawrence on a busy main road and fuel volumes have been consistently high. Along with a healthy income from the mains contract post office, this is an excellent opportunity for a new purchaser to continue to grow the business and build on the established trade.”

The freehold interest of the Gulf petrol station and Bargain Booze store is on the market at an asking price of £1,650,000