Located in the centre of town, Snaith Hall Filling Station comprises a Gulf branded filling station and a small convenience store. The business is highly profitable, recording strong sales, with c. 3.4mlpa of fuel from the filling station and c. 12k per week in the convenience store.
Previously owned and operated by the same family for over 30 years, who decided to sell in order to pursue retirement, the site has been acquired by Jos Richardson & Son, adding Snaith Hall to their existing portfolio of six sites across Yorkshire.
Joseph Richardson, Managing Director of Jos Richardson & Son comments, “We are delighted that this purchase has been finalised. Snaith Hall Filling Station is a small site with a great location in the centre of the town and it has a lot of potential. In the short term, we will bring in the Spar symbol group and put in a Costa coffee machine. We will then take some time to evaluate what other improvements can be made.”
Jon Booth, Senior Business Agent at Christie & Co handled the sale and comments, “Snaith Hall Filling Station is a well run and profitable forecourt with surprisingly high fuel volume for a site of its size and semi-rural location. Thanks to its geography, we were able to target a small batch of existing fuel operators that we knew would be interested, allowing us to receive multiple bids for the site throughout a highly discrete marketing process, which our clients had requested.”