31 May 2016 | Retail

Walker's Garage changes hands after 50 years

Specialist business property adviser Christie & Co has helped MPK to increase its estate by brokering the acquisition of Walker’s Garage in Nottingham.

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After being under the same ownership for around 50 years, the site, located on Burton Road, was in need of a fresh operator willing to invest and negotiate a new fuel supply agreement. 

The business currently consists of a petrol filling station and a Londis convenience store approximately four miles east of Nottingham and on one of the main roads into the city centre.

David Branch, Business Agent at Christie & Co commented, “Walker’s Garage had been unsuccessfully marketed by another agent for four years before the Nottingham office of Christie & Co were appointed to market a new lease for sale.

“MPK recognised the latent potential in the business, and have now bought the site into its already extensive operation.

Duncan Morris, Retail Services Manager at MPK added, “We are working closely with Christie & Co to find more sites just like this one where we can add value.  We intend to modernise the store, secure a new fuel supply agreement, all of which should help increase volume and sales.”