Sale of Petrol Filling Station Investment Stevenage
silhouette black man survey and civil engineer stand on ground working in a land building site over Blurred construction worker on construction site.
Fevore Group
How we helped
Commercial property and asset management Alternative sectors
Get in touch
Tom Forman
Associate Partner, Commercial
020 7016 0736 Email me About Tom

Carter Jonas successfully marketed and negotiated the sale of a petrol filling station investment, exceeding the asking price.

The investment comprised of an Esso-branded petrol filling station with a Spa convenience store and was located on an arterial route in Stevenage. It was let to Eurogarages, one of the largest privately owned forecourt operators in the UK, on a new 15-year FRI lease from January 2016.

Carter Jonas were instructed to market the investment and advised on the best approach to the marketing, including recommendations on a quoting price. After implementing the proposed marketing, they identified strong interest negotiating a sale price of £2.1M, which exceeded the quoting price.

"Carter Jonas provided us with a great service, offering quality professional advice, and worked hard for us to achieve a result that we are pleased with, both in terms of the negotiated price and achieving a prompt sale."
Roger Oscroft, Chairman, Fevore Group