2021
Letting - EV Charging Hub Portfolio – Nationwide
Advised MFG on a lease transaction across six retail parks owned by LondonMetric REIT.
2021
Investment Sale - Co-Op Forecourts/C-Stores, Hemel Hempstead & Roehampton Vale
Sale of two petrol filling station investments let to Co-Operative Foodstores Ltd on behalf of Harmsworth Poole Property Unit Trust.
2021
Investment Sale - Applegreen Lower Earley Service Station, Reading
Sale of freehold investment let to Petrogas Group UK Ltd on 17-year unexpired lease.
2021
Investment Acquisition - Portfolio of Five McDonald’s Drive-Thru’ Restaurants – Nationwide
Advised LondonMetric on the acquisition of five McDonald’s drive-thru’ restaurant investments let to McDonald’s Restaurants Ltd.
2021
Acquisition - New-To-Industry Petrol Filling Station, Bury St Edmunds
Advised MFG on acquisition of development site for new-to-industry petrol filling station.
2021
Acquisition - Volvo Dealership, Bristol
Advised CBRE Global Investors on the acquisition of a new Volvo dealership that was let to Volvo Car UK Ltd on new 20-year lease.
2021
Sale - Bungalow Filling Station, Chorley
Advised independent retailer on the sale of a petrol forecourt and convenience store.
2021
Sale - Green Road Service Station, Portsmouth
Advised Garner Group on sale of Esso forecourt and convenience store to independent retailer.
2021
Investment Sale - Eastfield Service Station, Sutton In Ashfield
Sale of freehold investment let to MPK Garages Ltd on 5-year unexpired lease.
2021
Business Acquisition - Portfolio of Six Petrol Filling Stations – South East
Advised MFG on acquisition of Hammonds Retail, a portfolio of six forecourts with c-stores located in Kent.
2021
Rent Review - Shell Fiveways Service Station, Birmingham
Advised landlord client in respect of rent review of central Birmingham petrol station let to Shell, securing an increase of circa 24%.
2021
Investment Sale - Spar Fairfield Services, Louth
Sale of freehold investment let to AF Blakemore & Sons Ltd on 11-year unexpired lease.
2021
Business Acquisition - Portfolio of 10 Petrol Filling Stations – Nationwide
Advised SGN Retail on the acquisition of 10 freehold petrol filling stations from Co-Op Group.
2021
Lease Renewal - Rontec PFS, Moseley, Birmingham
Lease renewal with Rontec Properties on new 20-year lease, with annual fixed increases at 2% pa.
2021
Rent Review - Sainsbury’s PFS, East Kilbride
Advised landlord client in respect of rent review, securing an increase of circa 12%.
2021
Investment Sale & Leaseback - Brighton Road Service Station, Croydon
Advised TG Convenience Stores Ltd on sale and leaseback of freehold petrol filling station for a term of 20 years, with five-yearly, upward-only rent reviews to CPI, subject to cap and collar of 3% and 1% pa respectively.
2021
Investment Sale & Leaseback - Two Petrol Stations – Greater London
Advised TG Convenience Stores Ltd on sale and leaseback of two freehold petrol filling stations for a term of 20 years, with five-yearly upward-only rent reviews linked to CPI, subject to cap and collar of 3% and 1% respectively.
2021
Sale - Ulceby Truckstop, Immingham
Advised J.R. Rix & Son on sale of 85-bay truckstop and HGV forecourt business. Purchaser – Mabanaft Ltd.
2021
Sale - Toyota Dealership, Aylesbury
Advised CBRE Global Investors on sale of freehold Toyota dealership investment let to Steven Eagell Ltd.
2021
Rent Review - The Buck Service Station, Andover
Advised landlord on rent review of petrol filling station let to BP Oil UK Limited, achieving 18% rent increase.
2021
Sale - Roundswell Service Station, A39, Barnstaple
Advised independent retailer on sale of freehold forecourt with c-store located on the A39, a major transient route.
2021
Sale - BP/M&S Forecourt & C-Store, Redditch, Worcestershire
Advised private investor on sale of freehold forecourt/c-store let to BP Oil UK Ltd on 15-year unexpired lease. Price achieved equated to 4.65% NIY.
2021
Rent Review - Co-Op Petrol Filling Station, Gosforth
Advised landlord on rent review of petrol filling station let to Co-Operative Group, achieving 26% rent increase.
2021
Rent Review - London Road Service Station, Leicester
Advised landlord on rent review of petrol filling station let to Shell UK Limited, achieving 13% rent increase.
2021
Rent Review - Bourne End Service Station, Hemel Hempstead
Advised landlord on rent review of petrol filling station let to Shell UK Limited, achieving 9% rent increase.
2021
Rent Review - Coventry Road Service Station, Market Harborough
Advised landlord on rent review of petrol filling station let to Central England Co-Operative Limited, achieving 38% rent increase.
2020
Acquisition - Volvo, Crawley
Provided acquisition advice to LSH Investment Management of new Volvo dealership let to Volvo Car UK Limited on 20-year lease.
2020
Acquisition - Portfolio of 7x Forecourts with C-Stores – North West
Advised MFG on acquisition of portfolio of seven forecourts with c-stores located in the Lake District.
2020
Sale - Central Park, Avonmouth
Advised Barwood Capital on sale of roadside development site comprising forecourt and c-store with three drive-thru’ outlets. Purchaser: Euro Garages.
2020
Sale - Sytner BMW/MINI, Romford
Advised Aberdeen Standard on sale of dealership investment let to Sytner Properties Limited.
2020
Acquisition - Petrol Filling Station, Filton, Avon
Acquisition of development site for new-to-industry petrol filling station.
2020
Lease Renewal - Belsize Park Service Station, London
Advised landlord on lease renewal negotiations of petrol filling station, securing a new 15-year lease with increased initial rent.
2020
Letting - Costa Coffee & McDonald’s Drive-Thrus’, Kennford, Devon
Letting to Costa Coffee and McDonald’s Restaurants of new drive-thru’ outlets on behalf of petrol retailer, MFG.
2020
Sale - Sytner Mercedes Benz, Northampton
Advised Aberdeen Standard on sale of dealership investment let to Sytner Properties Limited.
2020
Rent Review - Used Car Dealership, Lea Valley Road, Chingford
Advised landlord on rent review of used car dealership, achieving 8% rent increase.
2020
Business Sale - Smithfield Garage, Builth Wells, Powys
Advised on sale of freehold petrol filling station with Greggs and Subway outlets.
2020
Business Sale - Bishops of Bromyard, Bromyard
Advised on sale of freehold petrol filling station and vehicle dealership.
2020
Rent Review - Shell Petrol Filling Station, Barton Mills, Mildenhall
Advised landlord on rent review of petrol filling station let to Shell UK Limited, achieving 50% rent increase.
2020
Letting - Starbucks Drive-Thru’, A18-M180 Interchange, Barnetby
Letting to Starbucks franchise (KBeveage) of new drive-thru’ coffee outlet adjacent to petrol filling station on behalf of petrol retailer, MFG.
2020
Letting - Costa Drive-Thru’, Eagle Three, Leeds Road, Harrogate
Letting to Costa of new drive-thru’ coffee outlet on former petrol filling station.
2020
Investment Sale - Three BP Petrol Filling Stations: Brentwood, Pevensey & Lewes
Advised property company on sale of three freehold petrol filling stations let to BP Oil UK Limited. Price achieved equated to 4.73% NIY.
2020
Letting - Starbucks Drive-Thru’, Binley Woods, Coventry
Letting to Starbucks of new drive-thru’ coffee outlet adjacent to petrol filling station on behalf of petrol retailer, MFG.
2020
Letting - Costa Drive-Thru’, Withybush Retail Park, Haverfordwest
Letting to Costa of new drive-thru’ coffee outlet on former petrol filling station at entrance to Withybush Retail Park.
2020
Investment Sale - Applegreen West Park Service Station, Chatteris, Cambridgeshire
Advised private investor on sale of freehold interest of petrol filling station let to Applegreen, with circa 11 years unexpired. Price achieved equated to 5.75% NIY.
2020
Letting - Starbucks Drive-Thru’, Main Road, Long Sutton, Lincolnshire
Letting to Starbucks franchise (KBeverage) of new drive-thru’ coffee outlet on behalf of petrol retailer, MFG.
2020
Lease Renewal - Rontec, Cambridge Road, Stansted
Advised landlord on lease renewal negotiations of Rontec/Esso petrol filling station, securing a new 20-year lease to Rontec Service Station 1A Ltd with increased initial rent.
2020
Letting - Former Vehicle Dealership & Aftersales Premises, Watery Lane, Birmingham
Acted as joint agents in advising landlord on letting of former Listers Audi dealership.
2020
Lease Renewal - Shell, A1, Markham Moor, Nottinghamshire
Advised landlord on lease renewal negotiations of Shell petrol filling station fronting the A1, securing a new 25-year lease to Shell UK Limited with increased initial rent.
2020
Investment Sale - Toyota/Lexus/Bentley/Lamborghini Dealership, Fort Parkway, Birmingham
Advised Aberdeen Standard on sale of freehold interest of multi-franchise dealership let to Sytner Group with circa 7 years unexpired. Price achieved: £14,300,000 (6.80% NIY).
2020
Investment Sale - Tongwell Service Station, Milton Keynes
Advised property company on sale of freehold interest of petrol filling station let to Valero, with circa 8 years unexpired. Price achieved equated to 3.70% NIY. Purchaser: Harvest Energy (sub-tenant).
2020
Investment Sale - Co-Op Petrol Filling Station & C-Store, Hillingdon, Middlesex
Advised on sale of freehold interest of Co-Op c-store with forecourt, let to Co-Op Foodstores Ltd, with circa 15 years unexpired. Price achieved equated to 4.5% NIY.
2020
Rent Review - Kwik Fit, Boulton Road, Solihull
Handled rent review negotiations on behalf of landlord, securing circa 18% rent increase.
2020
Investment Acquisition - Rontec, Dysart Way, Leicester
Advised private investor on acquisition of freehold petrol filling station investment let to Rontec on a new 20-year lease.
2020
Investment Sale - BP/M&S, Epsom Road, Guildford
Advised private investor on sale of freehold interest of M&S c-store and BP forecourt let to BP Oil UK Ltd with circa 17 years unexpired. Price achieved equated to 4.1% NIY.
2020
Investment Acquisition - Shell, Bath Row, Birmingham
Advised private investor on acquisition of the freehold interest in a Shell petrol station and office building located in Central Birmingham.
2019
Investment Acquisition - Co-Op C-Store & Subway outlet, Crewe, Cheshire
Acquisition advice in respect of Co-Op c-store and Subway freehold investment on behalf of The Kay Group.
2019
Investment Acquisition - Rontec Petrol Filling Station, Wolverhampton
Acquisition advice in respect of Rontec/Morrisons petrol filling station investment let on 20-year lease on behalf of private investor.
2019
Rent Review - Shell, A1, Markham Moor, Nottinghamshire
Advised landlord on rent review negotiations of Shell petrol station fronting the A1.
2019
Land Sale - New-To-industry Service Area, Worcestershire
Advised on sale of circa 3-acre site benefiting from planning consent for petrol filling station. Purchaser: Euro Garages.
2019
Investment Acquisition - Co-Op, Wareham, Hampshire
Acquisition advice in respect of Co-Op petrol filling station investment let on new 20-year lease.
2019
Rent Review - Aston Clinton Service Station, Aston Clinton, Buckinghamshire
Advised site owner on rent review negotiations against Shell UK Limited, securing a circa 15% rent increase.
2019
Investment Acquisition - Porsche Centre, Gallions Reach, East London, E6 6EY
Advised CBRE Global Investors on the acquisition of the freehold interest in the Porsche dealership that is let on a long lease to Lancaster Plc.
2019
Investment Acquisition - Travelodge Hotel, Nr Faversham, Kent, ME13 9LN
Advised on acquisition of hotel investment let to Travelodge for a term of 20 years’ unexpired.
2019
Investment Acquisition - 3x Petrol Filling Stations – Nationwide
Advised Motor Fuel Group on the acquisition of the freehold interest in three sites that the company occupied on leases. Properties located in Southport, Stockport and Shrewsbury.
2019
Rent Review - Tesco Petrol Filling Station, Serpentine Green Shopping Centre, Peterborough
Handled rent review negotiations on behalf of landlord.
2019
Rent Review - Bridge End Services, Washford Drive, Redditch, Worcestershire, B98 0HX
Advised landlord on rent review negotiations, securing circa 9% rent increase.
2019
Business Sale - Market Street Service Station, Bacup, Lancashire, OL13 0AZ
Advised Kay Group on sale of petrol filling station business and freehold interest to Platinum Retail.
2019
Letting - Greggs/Starbucks Drive-Thru’, Broxburn, West Lothian, EH52 5BQ
Letting to new-to-industry development comprising Starbucks drive-thru’ and Greggs outlet.
2019
Investment Acquisition - Travelodge Musselburgh, Scotland, EH21 8RE
Advised on acquisition of hotel investment let to Travelodge for a term of 20 years’ unexpired.
2019
Investment Sale - Mazda Dealership, Imperial Way, Croydon
Advised CBRE Global Investors on sale of freehold interest of Mazda dealership let to Drift Bridge Garage with circa 5 years unexpired. Price achieved equated to 5.40% NIY.
2019
Investment Sale - Chicklade Services, A303, Wiltshire
Advised private propco on sale of freehold interest of petrol filling station with Spar shop let to Tajatad Properties with circa 9 years unexpired. Price achieved equated to 4.59% NIY.
2019
Acquisition - Co-Op Petrol Filling Station & C-Store, Ilkeston
Advised DVS on acquisition of freehold investment of Co-Op foodstore and petrol filling station let to Co-Operative Group Food Limited from October 2017. Price equated to 5.55% NIY.
2019
Investment Sale - Applegreen/Subway/Londis Petrol Filling Station, Braintree, Essex
Advised private propco on sale of freehold interest let to Petrogas Group UK Limited from March 2019. Price achieved equated to 5.89% NIY.
2019
Rent Review - BP Petrol Filling Station, Martlesham Heath, Ipswich
Rent review of BP petrol filling station on behalf of investor client, securing an 18% increase.
2019
Rent Review - BP/M&S Petrol Filling Station, Ely, Cambridgeshire
Rent review on behalf of landlord of BP/M&S petrol filling station, securing a circa 11% increase.
2019
Rent Review - BP/M&S Petrol Filling Station, Littleport, Cambridgeshire
Rent review on behalf of landlord of BP/M&S petrol filling station.
2019
Rent Review & Lease Re-Gear - Jemca Toyota, London
Advising investor client in respect of rent review and subsequent lease re-gear.
2019
Acquisition - Volvo & Nissan Dealerships, Reading
Advising investor client on the acquisition of freehold investment of Volvo and Nissan dealerships let to Motorline and Volvo Car UK Limited.
2019
Lease Renewal - Co-Op Petrol Filling Station, Romsey
Advising Southern Co-Operative in respect of renewal of their lease and licence for alterations.
2019
Sale - Former Filling Station, Loughborough
Advised Motor Fuel Group on sale of former petrol filling station to hand car wash operator.
2019
Lease Surrender & Re-Letting - Former Honda Dealership, Bristol
Provided lease surrender advice to investor client and subsequently re-letting to tenant, Imperial Cars.
2019
Rent Review - Mazda Dealership, Croydon
Rent review on behalf of landlord, CBRE Global Investors, of Mazda dealership in Croydon.
2019
Letting - Rothwell Truckstop, Nr. Kettering
New 25-year lease to Welcome Break Services, with five-yearly RPI-linked rent reviews for a new-to-industry 220-bay truckstop with HGV forecourt on the A14 in Northamptonshire.
2019
Rent Review & Lease Re-Gear - Rontec Filling Station, Hinckley
Advised landlord on rent review and subsequent re-gear of lease of petrol filling station let to Rontec.
2019
Business Sale - City Service Station, Hereford
Advised site owner on sale of petrol filling station business to Gardner Garages Ltd.
2019
Letting - Starbucks, A1, Nr. Peterborough
Letting of new-to-industry Starbucks drive-thru’ to 23.5 degrees.
2019
Rent Review - NTS Autocentre, Manchester
Advised landlord on rent review of tyre and exhaust unit.
2019
Rent Review - Crawley Crossing Truckstop, J13 M1, Milton Keynes
Advised landlord on rent review of truckstop with HGV forecourt, securing a 60% rent increase.
2019
CPO Advice - Keighley Service Station, Keighley
Advised fuel retailer, The Kay Group, in respect of Compulsory Purchase Order (CPO) claim of part of site.
2019
Rent Review - Slough East Service Station, Slough
Rent review on behalf of investor landlord of petrol filling station let to Shell, securing a circa 46% rent increase.
2018
Rent Review - Crown Woods Service Station, Eltham, London
Advised landlord on rent review of forecourt with c-store let to BP Oil UK Limited.
2018
Rent Review - Linden Court Service Station, Enfield
Advised landlord on rent review of petrol filling station let to Shell UK Limited.
2018
Letting & Business Sale - Burwash Service Station, Burwash, East Sussex
Advised site owner on letting of petrol filling station on new 15-year lease and sale of business.
2018
Rent Review - Buck Barn Garage, Nr. Horsham, West Sussex
Advised landlord, Knepp Castle Estate, in respect of ground rent review of roadside scheme let to Co-Op Group and McDonald’s.
2018
Business Sale - Lenham Service Station, Lenham, Kent
Advised site owner on sale of freehold interest and business to BP Oil UK Limited.
2018
Letting & Investment Sale - Portsbridge Service Station, Cosham
Letting of forecourt with c-store to Rontec Roadside Retail on new 20-year lease at £150,000 per annum. Freehold investment subsequently sold to a local authority investment fund achieving £2,700,000 (5.22% NIY).
2018
Rent Review - Co-Op Forecourt & C-Store, Cramlington, Tyne & Wear
Advised Mayfair Capital in respect of rent review of Co-Op forecourt with c-store.
2018
Acquisition Advice - HKS Retail Limited (63 sites – Nationwide)
Acquisition advice and due diligence service provided to Prax Petroleum and its debt providers. HKS Retail Limited comprised 63 petrol filling stations predominantly located in England, with two sites in Scotland.
2018
Letting & Business Sale - Cosford Garage, Wolverhampton
Advised site owner on letting of forecourt with c-store to BP Oil UK Limited on new 20-year lease. Part of property retained to accommodate Subway business.
2018
Investment Sale - Caledonian Service Station, London
Advised landlord on sale of freehold interest in Central London forecourt with c-store that was let to Co-Op Group, with 16 years unexpired and 2% annual rent increases. Price achieved equated to 3.75% NIY.
2018
Investment Sale - Bow Road Service Station, London
Advised landlord on sale of freehold interest in Central London forecourt with c-store that was let to Co-Op Group, with 16 years unexpired and 2% annual rent increases. Price achieved equated to 3.75% NIY.
2018
Sale - Forest View Garage, Barton Under Needwood
Advised site owner on sale of freehold interest in petrol filling station and workshop business.
2018
Acquisition Advice - Audi Dealership, Poole
Provision of acquisition advice to CBRE Global Investors in respect of a new Audi dealership in Poole let to Ocean Automotive Limited.
2018
Investment Sale - Co-Op Forecourt & C-Store, Solstice Park Amesbury
Advised landlord, Circle Property, in respect of lease re-gear with Co-Op and subsequent sale of freehold investment to Mayfair Capital.
2018
Rent Review - Audi Dealership, Warrington
Advised landlord, Atmore Group, in respect of rent review of Audi dealership, securing an increase of over £20,000 pa.
2018
Sale - Esso / Londis Forecourt & C-Store, Chester
Advised independent petrol retailer in respect of sale of freehold interest of forecourt with c-store to private investor who intends to let the site to Co-Op Group following a comprehensive redevelopment.
2018
Rent Review - Applegreen, Camberwell, London
Advised private investor landlord in respect of rent review of Applegreen petrol filling station, securing an increase of circa 5.5%.
2018
Rent Review - BP/M&S Petrol Filling Station, Billericay, Essex
Advised landlord in respect of rent review of BP/M&S petrol filling station, securing an increase of circa 12%.
2018
Acquisition Advice - Audi Dealership, Derby
Provision of occupational advice in respect of Audi dealership investment, let to Sytner Group.
2018
Lease Renewal - Ford Dealership, Staines, Middlesex
Advised CBRE Global Investors in respect of the lease re-gear to Ford Retail Limited.
2018
Acquisition Advice - Volvo & Nissan Dealerships, Reading
Advised Aberdeen Standard in respect of the forward-funded acquisition of 2 vehicle dealerships that are to be let to Volvo Car UK Limited and Motorline Holdings Limited.
2018
Sale - Vehicle Dealership & Petrol Filling Station, Dolgellau, North Wales
Advised independent petrol retailer on sale of freehold property to private investor who simultaneously let the property to AF Blakemore & Son (Spar wholesaler).
2018
Sale - Springburn Service Station, Glasgow
Advised JR Rix & Sons Limited on the sale of a feuhold filling station in Glasgow to Euro Garages.
2018
Rent Review - Co-Op Petrol Filling Station, Knaresborough
Advised Mayfair Capital in respect of rent review of Co-Op forecourt with c-store.
2018
Investment Sale - Peugeot Dealership, Liverpool
Advised CBRE Global Investors on the sale of vehicle dealership to Peugeot Motor Company Plc. Unexpired lease term of 8.5 years with rent passing of £148,500 pa.
2018
Investment Sale - Nissan Dealership, Acocks Green, Birmingham
Vehicle dealership let to Nissan Motor (GB) Limited on a 5-year lease at an initial rent of £175,000 pa.
2018
Letting - Rontec Esso / Morrisons, Cosham
Advised Garner Group on letting of forecourt with c-store to Rontec Roadside Retail Limited. New 20-year lease at an initial rent of £150,000 pa, with 2% annual increases.
2018
Rent Review - BP/M&S, Guildford, Surrey
Advised private investor landlord in respect of rent review of BP/M&S petrol filling station, securing an increase of circa 30%.
2018
Acquisition - Finsbury Park, London, N4 2AP
Acquisition of petrol filling station on behalf of MFG.
2018
Business Sale - Retail Fuels Limited (9 petrol filling stations)
Barber Wadlow advised the shareholders of Retail Fuels Limited on the sale of the business to Harvest Energy. The business comprised nine sites predominantly in the North West.
2017
Rent Review - Sainsbury’s Petrol Filling Station, Scotland
Advised private investor landlord in respect of rent review, securing an increase of circa 60%.
2017
Business Sale - Manor Service Stations Ltd (9 petrol filling stations)
Barber Wadlow advised the shareholders of Manor Service Stations Limited on the sale of the business to Motor Fuel Group. The business comprised nine petrol filling stations located in the North West, including a Starbucks drive-thru’.
2017
Business Sale - Carsley Group (7 petrol filling stations)
Barber Wadlow advised the shareholders of Carsley Group on the sale of the business to Applegreen. The business comprised seven sites located in the Midlands, with four sites on the A1.
2017
Rent Review - Two Petrol Filling Stations: Northwich and Nottingham
Advised landlord, Atacama, in respect of rent reviews of two petrol filling stations let to Snax 24, securing a collective annual rent increase of circa 30%.
2017
Investment Sale - Applegreen, Spalding, Lincolnshire
Barber Wadlow advised developer on sale of new-to-industry forecourt and amenity building that was let to Petrogas Group UK Limited on a new 25-year lease. Property investment sold to long income institutional fund.
2017
Letting - Fosseway Service Station, A46, Nottinghamshire
Advised petrol retailer on letting of petrol filling station to Applegreen Plc on a new 20-year lease. Property benefited from planning consent to redevelop to provide a modern facility with extensive shop.
2017
Investment Acquisition - Shell/Spar/Greggs/Subway, Louth, Lincolnshire
Advised private investor on the acquisition of a Spar/Shell petrol station incorporating Greggs and Subway. Property was subject to a sale and leaseback to A F Blakemore & Son Limited for a term of 15 years, with 5-yearly rent reviews to RPI, subject to cap and collar of 1.5% and 3.5% pa respectively.
2017
Rent Review - Ford Dealership, Staines
Advised landlord, CBRE Global Investors, in respect of rent review, securing an increase of circa 15%.
2017
Sale - Lightfoots Service Station, Crowthorne, Berkshire
Acted for site owner in respect of a sale of freehold petrol filling station and workshops. Property acquired by developer.
2017
Acquisition - Petrol Filling Station & Truckstop, A40, Herefordshire
Advised independent retailer, MFG, on acquisition of petrol filling station and truckstop following the previous owner, High Noon, entering administration.
2017
Rent Review - Porsche Dealership, Bolton
Barber Wadlow advised long leaseholder on settlement of rent review.
2017
Investment Acquisition - Sainsbury’s Petrol Filling Station, Bebington, Wirral
Acquired freehold Sainsbury’s Local c-store and forecourt that was subject to a 20-year lease (tenant option to break in Year 15) to Sainsbury’s Supermarkets Limited.
2017
Letting - Applegreen, Ludlow, Shropshire
Letting of new-to-industry petrol filling station to Applegreen on behalf of developer, Mead House Pension Fund, on a 25-year lease from completion.
2017
Investment Sale - Road Chef / Shell Service Area, A34, Sutton Scotney, Hampshire
Twin-sided trunk road service area subject to long leases to Shell UK Limited and Roadchef. Barber Wadlow acted for landlord, Lasalle Investment Management, on the divestment of their freehold interest to the tenants.
2017
Letting - BP/M&S, Soham, Cambridgeshire
Barber Wadlow advised landowner on letting of new-to-industry petrol filling station to BP Oil UK Limited on new 25 year lease (tenant option to break at year 20).
2017
Rent Review - Peugeot Dealership, Milton Keynes
Settled July 2015 rent review on behalf of landlord at £340,000 per annum, which represented a 6.5% increase.
2016
Sale - Car Supermarket, Sheffield
Barber Wadlow (acting jointly with Knight Frank) let the 110,994sqft car supermarket on behalf of Kames Capital to Motorpoint, the largest used car retailer in the UK. Motorpoint entered into a new 20-year lease.
2016
Business Sale - Roadside Group (10 petrol filling stations)
Barber Wadlow advised Roadside Group on the sale of the company to Motor Fuel Group. The business comprised a network of x10 petrol stations located in the North East, generating total fuel sales of circa 60 million litres per annum.
2016
Investment Acquisition - Nissan Tunbridge & Hyundai, Maserati and Renault Maidstone
Acquisition of franchised vehicle dealership investments in Maidstone and Tunbridge Wells on behalf of AXA. Both properties were subject to new 25 year leases to Driveline Limited, guaranteed by Motorline Holdings Limited.
2016
Investment Acquisition - Co-Op Forecourt / C-Store Portfolio
Barber Wadlow acquired portfolio of x4 c-stores with forecourts located in Central London and Wiltshire on behalf of an investor client. All properties subject to identical leases to Co-Operative Foodstores Limited with an unexpired term of 18.5 years and annual rental increases of 2%. Purchase price – circa £13 million.
2016
Rent Review - Shell Petrol Filling Station, Leicester
Settled October 2015 rent review on behalf of landlord at £137,500 per annum, representing a 19.5% increase in rent (equates 3.65% annual growth).
2016
Rent Review - Texaco/Spar Petrol Filling Station, Matlock, Derbyshire
Settled November 2015 rent review on behalf of landlord at £82,000 per annum, representing a 13% increase in rent.
2016
Business Sale - Colliers Honda, Land Rover & Mazda Dealerships, Birmingham
Provision of advice to Collier Motor Group for the sale of multi-franchise vehicle dealership business to Jardine Motors Group.
2016
Rent Review - Tesco Petrol Filling Station, Gloucester
Settled September 2014 rent review on behalf of landlord at £189,000 per annum.
2016
Letting - Applegreen, Chester
Advised landlord on letting to Petrogas Group on new 25-year lease.
2016
Land Acquisition - Jaguar Land Rover, Futura Park, Ipswich
Development site acquired for Marshall Motor Group for a new JLR dealership facility.
2016
Land Acquisition - Audi, Matford Business Park, Exeter
Development site acquired for Marshall Motor Group for a new Audi dealership facility.
2016
Investment Sale - Shell Petrol Filling Station, A34, Manchester
Sale of freehold investment to regional property company. Property let to Shell UK Limited on new 20-year lease, with 5-yearly rent reviews linked to RPI (subject to annual cap and collar of 3% and 1%).
2016
Sale - Budgens/Shell Petrol Filling Station, A37, Lydford-On-Fosse, Somerset
Sale of freehold petrol filling station to Chartman Retail.
2016
Investment Sale - BP/M&S, Linlithgow, West Lothian
Letting to BP Oil UK Limited on new 25-year lease. Onward sale of investment to pension fund.
2016
Investment Sale - Co-Op Forecourts / C-Stores, Hemel Hempstead & Roehampton Vale
Sale of two petrol filling station investments let to Co-Operative Foodstores Limited on behalf of Avignon Capital, achieving £6,540,000.
2016
Sale - Former Petrol Station, Warlingham, Surrey
Disposal of former petrol station to London District Housing Association.
2016
Investment Sale - Hand Car Wash, Shrewsbury, Shropshire
Disposal of freehold investment let to hand car wash operator.
2016
Sale - Former Petrol Filling Station, Sheffield
Disposal of former petrol filling station site for alternative development.
2016
Sale - Car Supermarket, Wednesbury, West Midlands
Barber Wadlow, acting on behalf of Kames Capital, sold the car supermarket to Trade Centre Wales for £8million. Property extends to 110,914sqft on 12.82 acres.
2015
Acquisition Advice - BMW/MINI, Tring, Hertfordshire
Freehold investment subject to 20-year lease to Specialist Cars. Provision of acquisition advice to fund.
2015
Letting & Investment Sale - BP/M&S Petrol Filling Station, Manchester
Letting of new c-store and forecourt to BP/M&S on a new 25-year lease. Onward sale of investment to pension fund.
2015
Acquisition - Portfolio of 90 Shell Petrol Filling Stations, Nationwide
Advised MFG on acquisition of operational petrol station portfolio from Royal Dutch Shell. Sites located nationwide.
2015
Investment Sale - Park Garage Group Plc (7 petrol filling stations), Nationwide
Disposal of portfolio of 7 petrol station investments, let to Park Garage Group Plc. Total rent passing: £661,186 per annum.
2015
Investment Acquisition - Applegreen/Subway, Cinderford, Gloucestershire
Acted for purchaser, acquiring freehold petrol filling station investment, let to Petrogas Group UK Limited.
2015
Letting - Dorset House Service Station, Marylebone Road, Central London
Property let to Shell. Acted for landlord on securing a 65% increase in rent. Handled dilapidation negotiations to secure settlement.
2015
Rent Review - Volvo Dealership, Edgware Road, London
Settled December 2013 rent review on behalf of landlord at £425,000 per annum.
2015
Investment Acquisition - Invictus Portfolio
Acquired, on behalf of fund, a portfolio of four vehicle dealerships located in Stockton On Tees, Camberley, Colindale (London) and Birmingham. All properties let to VW Group UK Limited with unexpired lease terms of 12-16 years.
2015
Investment Acquisition - BP/M&S Portfolio
Acquired, on behalf of fund, four BP/M&S Simply Food forecourts located in Harrogate, Calne (Wiltshire), Stow On The Wold and Glenrothes (Scotland). All properties let on new 20-year leases incorporating fixed rent increases.
2015
Acquisition Advice - Honda Dealership, Orpington, Kent
Freehold investment subject to new 22-year lease to Honda Motor Europe Limited. Provision of acquisition advice to fund.
2015
Investment Sale - Hand Car Wash, Bath
Disposal of freehold investment let to hand car wash operator.
2015
Investment Sale - Shell Petrol Filling Station, Milton Keynes
Lease renewal with Shell UK Limited on new 22-year lease, with 5-yearly rent reviews linked to RPI (subject to annual cap and collar of 3% and 1%). Onward sale of investment to AXA at 4.65% NIY.
2015
Lease Renewal - Shell Petrol Filling Station, A34, Manchester
Lease renewal with Shell UK Limited on new 20-year lease, with 5-yearly rent reviews linked to RPI (subject to annual cap and collar of 3% and 1%).
2015
Letting - Motorpoint Car Supermarket, Birtley, Tyne & Wear
Letting of car supermarket (38,527sqft on 9.6 acres) to Motorpoint on new 15-year lease.
2015
Sale - Murco Petrol Station, Hythe, Kent
Disposal of freehold petrol station on behalf of Motor Fuel Group as a result of CMA ruling following the company’s acquisition of Murco.
2015
Lease Renewal - Stapleton Tyres, Luton
Acted for landlord in securing lease renewal to Stapleton Tyres at £80,000 per annum on new 10-year lease.
2015
Investment Sale - Hand Car Wash, Leeds
Disposal of freehold investment let to hand car wash operator.
2015
Rent Review - Co-Op Petrol Filling Station, Gosforth, Newcastle Upon Tyne
Settled March 2015 rent review on behalf of landlord at £155,000 per annum, representing a 20% increase in rent.
2014
Acquisition Advice - Ford Dealership, Middlesbrough
Freehold investment let to Jennings Ford. Provided acquisition advice to Fund.
2014
Rent Review - Co-Op Forecourt & C-Store, Cramlington, Tyne & Wear
Acting on behalf of Mayfair Capital, Barber Wadlow secured a rent in excess of £200,000 pa at review
2014
Acquisition - Petrol Filling Station Development Site, Pinvin, Worcestershire
Acquired petrol station development site for retailer.
2014
Rent Review - Toyota Dealership, Edgware Road, London
Acted for landlord (Aberdeen Asset Management) in successfully securing a rental increase.
2014
Acquisition Advice - Toyota / Honda Dealership, Bristol
Freehold investment let to Honda Motor Europe and Sytner. Provision of acquisition advice to Fund.
2014
Letting - Applegreen, Leominster, Herefordshire
Letting to Petrogas Group UK Limited on a new 20-year lease.
2014
Acquisition Advice - Volvo Dealership, Chiswick
Freehold investment let to Volvo Car (UK) Limited on a re-geared lease for an unexpired term of circa 20 years. Provision of acquisition advice to Fund.
2014
Business Acquisition - Murco Petroleum Limited (235 petrol filling stations), Nationwide
Acted for Motor Fuel Group / Patron Capital on the acquisition of the Murco retail network of 235 sites.
2014
Investment Sale - Esso / Bargain Booze Petrol Filling Station, Salisbury
Sale of freehold investment let to Flying Visit Limited on 10.5-year unexpired lease.
2014
Investment Sale - Applegreen, Hinckley, Leicestershire
Sold freehold investment, let to Petrogas Group UK Limited on new 20-year lease. Price equated to 6.98% NIY.
2014
Business Sale - 4 Petrol Filling Stations, Swansea & Port Talbot, South Wales
Sale of x4 petrol stations in South Wales on behalf of AF Blakemore & Son
2014
Investment Acquisition - Co-Op Petrol Filling Station, Stockport
Acquired, on behalf of Pension Fund, freehold investment let to Co-Operative Group Limited on a 12.5 year unexpired lease. Price equated to 6.48% NIY.
2014
Investment Acquisition - Shell Petrol Filling Station, Tyburn Road, Birmingham
Acquired, on behalf of Fund, freehold investment let to Shell on a 15.5 year unexpired lease.
2014
Rent Review - Co-Op Forecourt & C-Store, Hopton On Sea, Great Yarmouth
April 2013 rent review settled on behalf of landlord at 20% increase.
2014
Acquisition Advice - Ford Dealership, Staines, Middlesex
Freehold investment let to Ford Retail Limited for an unexpired term of c. 10 years. Provision of acquisition advice to fund.
2014
Rent Review - Mazda Dealership, Croydon
Acting on behalf of a Fund, Barber Wadlow successfully secured rental increase at rent review.
2014
Lease Renewal - Rontec Petrol Filling Station, Bradford
Acted for landlord to secure lease re-gear with Rontec Service Station 1A Limited
2014
Investment Sale - Applegreen, Ilkeston, Derbyshire
Sold freehold investment, let to Petrogas Group UK Limited on new 20-year lease. Price equated to 6.98% NIY.
2013
Letting - Applegreen, Ilkeston, Derbyshire
Letting to Petrogas Group on new 20-year lease
2013
Investment Sale - Murco Petrol Filling Station, Morden, Surrey
Sale to a private investor of a petrol station investment let to Murco Petroleum Limited
2013
Letting - Applegreen, Luton, Bedfordshire
Letting to Petrogas Group on new 20-year lease
2013
Letting - Shell Petrol Filling Station, A11, Barton Mills, Suffolk
Letting to Shell UK Limited on new 25-year lease
2013
Acquisition Advice - West London Kia, Brentford, London
Investment acquisition advice for new Kia vehicle dealership on one of London’s prime arterial routes
2013
Acquisition Advice - Peugeot & Citroen Dealership, Walthamstow, London
Investment acquisition advice for new Peugeot/Citroen vehicle dealership
2013
Acquisition - 2 Petrol Filling Stations, Peterborough & St Leonards On Sea
Acquired x2 petrol stations from Shell UK Limited on behalf of Motor Fuel Group (MFG)
2013
Investment Sale - Audi Dealership, Chingford
Sale of Audi dealership investment
2013
Investment Sale - Ford Dealership, Croydon
Sale of Ford dealership investment
2013
Lease Renewal - Shell Petrol Filling Station, Slough, Berkshire
Surrender and lease renewal to Shell UK Limited.
2012
Letting - Central England Co-Operative Filling Station, Market Harborough, Leicestershire
Letting of petrol filling station to Central England Co-Operative Society Limited on new 20-year lease.
2012
Sale - Budgens / Total Forecourt & C-Store, Gloucester
Disposal of petrol filling station to BP/M&S
2012
Letting - Applegreen, Hereford
Letting of petrol filling station to Petrogas Group UK Limited on new 20-year lease.
2012
Letting - Honda Dealership, Wandsworth
Letting of dealership in Wandsworth to Honda Motor Europe on new 15-year lease
2012
Acquisition Advice - 9 Peugeot / Citroen Dealerships, Nationwide
Advised CBRE Global Investors on the acquisition of a sale and leaseback portfolio undertaken by Peugeot Motor Company Plc of nine dealerships located in Greater London, Birmingham and Manchester.
2012
Business Acquisition - Motor Fuel Group (48 petrol filling stations), Nationwide
Advised Patron Capital on the acquisition of Motor Fuel Group, a petrol filling station business comprising 48 sites located nationwide.
2012
Letting - BP/M&S, Ely & Littleport, Cambridgeshire
Letting of x2 James Graven & Sons petrol stations in East Anglia to BP Oil UK Limited on new 25-year leases
2012
Business Sale - 11 Supermarkets with Petrol Filling Stations, Welsh Borders
Advised the shareholders of Harry Tuffins on the sale of the business to Mid-Counties Co-Operative. Business comprised 11 supermarkets with petrol filling stations located in Gloucestershire, Herefordshire, Shropshire and Cheshire.
2012
Acquisition - 11 Shell Petrol Filling Stations, Nationwide
Acquired 11 petrol filling stations from Shell UK Limited on behalf of MFG.
2011
Letting - Volvo Dealership, Birmingham
Advised Volvo Car UK Limited on a leasehold transaction of a new dealership facility on Chester Road, North Birmingham.
2011
Investment Sale - Esso / Bargain Booze Forecourt & C-Store, Salisbury
Sale of freehold petrol filling station investment let to Flying Visit Limited.
2011
Letting - White Dove Service Station, Hadfield Road, Cardiff
Letting to Park Garage Group Plc on new 20-year lease.
2011
Site Acquisition - Dealership Development Site, Tyburn Road, Birmingham
Acquired circa 6-acre development site for Collier Motor Group in order to accommodate a new multi-franchise dealership facility, including Land Rover, Mazda and Honda.
Fuel and Automotive Property Advisers
+44 (0) 121 308 6060