Norfolk petrol station sold for the first time since 1977 through Christie & Co
Specialist business property adviser, Christie & Co is delighted to announce the sale of Esso Watton, a petrol service station in Norfolk, for the first time in 46 years.
Situated on the main road through the market town of Watton, the service station features fuel pumps and a convenience store as well as car washing services. Given its central location within the town, the business is relied upon by the local residents.
The business was previously owned by Gina Brett, whose parents originally established the business 46 years ago. The business came to market to allow Gina to retire.
Gina comments, “We are delighted to have sold our petrol station with Jack Dudley from Christie & Co. Discretion was very important so we are even happier that we agreed a sale substantially in excess of the proposed asking price on an off-market basis. The transaction had its ups and downs but overall was handled well by Jack who kept us updated regularly and was very knowledgeable when it came to dealing with any issues that arose.”
Esso Watton has been purchased by experienced operator, Kumarasamy Sivakumaran.
Jack Dudley, Associate Director at Christie & Co who handled the sale, comments, “I’m very happy to have acted for my clients in selling their site and enabling them to move on with their future plans. Demand remains very high for petrol stations across the country leading to us achieving strong prices for our vendors.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Jack Dudley, Associate Director - Retail
M: +44 7717 335 850 or E: jack.dudley@christie.com
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