Well-located petrol station in Harlow sold to experienced operator
Specialist business property adviser, Christie & Co, is delighted to announce the sale of Harlow Service Station in Harlow, Essex. The business has been purchased by experienced operator, Riqbal Sidhu, who was looking to expand his existing portfolio.
Located on Elizabeth Way, Harlow Service Station sits within the heart of Harlow’s busy industrial estates. Providing fuel and convenience items from its accompanying retail store, the business is relied upon by local residents, as well as workers from the nearby trade areas and NHS facility.
The service station has been owned and run by Sinnathamby Ratnam Chandrakumar since 2012. He comments on the sale, “I am very pleased to have completed on the sale of my site with Christie & Co and Jack Dudley. Jack communicated clearly throughout the sale process and was able to advise and answer my questions when needed. I’d be happy to recommend both Jack and Christie & Co.”
Jack Dudley, Associate Director at Christie & Co who handled the sale, comments, “Harlow Service Station is a great example of a site that is very profitable and also offers excellent opportunities for the new owner to add value. Demand is extremely high for sites all across the South of England and it remains a very good market for owners to achieve the best possible price for their sites. I wish the new owner all the best and look forward to seeing how the site is developed further.”
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
P: +44 7717 335 850 or E: jack.dudley@christie.com
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