Forecourttrader.co.uk 09/01/2017

Decent sites are harder to come by so will we see more new-to-industry (NTI) developments?

After a year of big merger and acquisition stories – Euro Garages with EFR (European Forecourt Retail Group) and MFG’s purchase of Synergie Holdings and Roadside Group to name just two – the verdict on the forecourt property market is in. Last year was a good one, demand is still strong but it’s a lack of supply that’s the problem.

Mark Frostick, associate in Rapleys’ Automotive & Roadside team, discusses ground sites and their potential costs. He states “Yes, we’ll see more NTI, out-of-the-ground sites, but the problem is the cost of them, what with the price of the land and the building etc.”

To read the full Forecourttrader.com article please click here.