Fuel and Automotive Property Advisers
+44 (0) 121 308 6060
03.06.2009
Recent auction results suggest that investors are once again regaining confidence in the property market, but in particular are focusing on investment stock in the petrol retailing sector. A selection of ground lease...
02.06.2009
The Government has proposed a 5% increase in business rates from April 1. Retailers have been protected from big jumps in their business rates by a “transitional relief” system, which ensures increases are...
02.06.2009
Car dealers are an endangered species and their number in the UK will be significantly reduced in the future, according to an industry analyst. PricewaterhouseCoopers said the severe drop would be a result...
02.06.2009
Vauxhall and Opel are to be acquired by Canadian parts firm Magna and Russian state-owned bank Sberbank. It is believed that Magna, Sberbank and General Motors (GM) have signed a memorandum of understanding...
02.06.2009
Fiat’s bid for Chrysler has been given court approval which should allow the US manufacturer to exit Chapter 11 bankruptcy protection soon. Fiat will control 20% of Chrysler which it will acquire for...
02.06.2009
More than 35,000 new cars have been ordered through the UK’s scrappage scheme since it was announced in April, government figures show. The introduction of a vehicle scrappage scheme was announced in the...
01.06.2009
Amanda Barber, former Equity Partner and founder of the Automotive & Roadside department at GVA Grimley over 20 years ago, has formed a new partnership, Barber Wadlow, with Adam Wadlow, also formerly of...
13.05.2009
Blackburn-based Euro Garages, number four in the Forecourt Trader Top 50 Indies list, has acquired three more sites taking its total to 75. The new acquisitions are a one-acre brownfield site on the...
13.05.2009
Last year, fuel prices were at record levels, encouraging the Government to delay the plans to increase duty. Sue Robinson, director of the Retail Motor Industry Federation said: “Yet again the Government is...
13.05.2009
Dolphin Retail, which has 22 petrol filling stations in Scotland and Yorkshire, has gone into liquidation, according to the Peebleshire News. A spokesman for Dolphin stated that the company was quite profitable, but...