Euro Garages acquires forecourt site near Gloucester

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Euro Garages has acquired a forecourt site near Gloucester, following its recent purchase of a spate of High Noon Stores sites in the region.

The forecourt operator, which bought Churcham Garage from Jamshad Karupamveetil of Milecross Ltd, has rebranded the canopy and shop.

Zuber Issa, CEO of Euro Garages, said: “Churcham Garage is in a great location on the A40 close to Gloucester, filling the gap between our sites at Ross-on-Wye and Tuffley, Gloucester.

“We are delighted to add Churcham Garage to our growing portfolio and are keen to acquire more sites in 2017 as part of our carefully planned expansion.”

Dave Morris, senior agent at Christie & Co, which brokered the sale, added: “Churcham Garage is in a good location on the busy A40 linking Gloucester to Ross-On-Wye. With the potential to introduce hot food to the site it fits well with Euro Garages’ model.

“The forecourt market remains buoyant in the South West with Christie & Co having already completed on 10 forecourt transactions in 2017, and this activity looks set to continue with enquiry levels at a 10-year high.”

Readers' comments (2)

  • Can Dave Morris please call me if he has any more forecourt sites for sale at £75,000. lol

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  • Turns out the leasehold premium was £75,000. Inaccurate reporting by CS. I'm sure Dave did a great job.

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