Demand rises in dealership property market says Barber Wadlow
M&A activity has led to a re-emergence of demand for dealership property, according to property consultants Barber Wadlow.
Property Transaction Activity Intensifies
Activity in auto retail property is stepping up, according to a new report from market advisers Barber Wadlow.
Barber Wadlow speaking at the Forecourt Show
Barber Wadlow, together with other industry leaders will be speaking at the Forecourt Show at the NEC, Birmingham on Monday 15 April 2013.
PRA welcomes scrapping of duty increase
The fuel industry, campaigners and motorists have praised the Chancellor's decision to scrap the fuel duty increase due in September.
Sainsbury's sparks petrol price war
Sainsbury's has sparked a supermarket price war on fuel after an announcement it was cutting its prices was rapidly followed by Asda and Tesco also announcing cuts.
New car market grows by 7% in February
New car registrations increased by 7% in February, the twelfth successive month of growth, according to the SMMT.
UK car registrations rise 11.5% in January
UK new car registrations rose 11.5% to 143,643 units in January, according to figures released by the SMMT.
PRA calls for new planning rules to stop hypermarkets 'steam-rollering' local businesses into oblivion
Nick Boles MP, Parliamentary Under Secretary of State for Planning, has been urged by the Petrol Retailer's Association to develop new planning guidance for filling stations that prevents hypermarkets steam-rollering local businesses into oblivion without due process taking place.
MFG (advised by Barber Wadlow) acquires 10 Shell sites
Motor Fuel Group, advised by Barber Wadlow, has grown its network to 58 stations with the acquisition of 10 outlets from Shell.
Deloitte's study of UK petroleum retail market published
A report commissioned by Department of Energy and Climate Change to better understand the implications of petrol station closures on the overall security and resilience of the UK's fuel retail network was published by Deloitte on 14 December 2012.
Sykes sells forecourt business
One of the highest profile figures in the forecourt industry has sold his business.
New car registrations rise 11.3% in November
UK new car registrations rose 11.3% to 149,191 units in November, according to figures from the SMMT.
Nidd Vale in administration
Nidd Vale, one of the longest established dealer groups in Yorkshire, has gone into administration following "financial issues" it failed to resolve with Santander, the business' banking provider.
Peugeot completes £29.9m sale and leaseback deal
Barber Wadlow advise CBRE Global Investors in respect of £29.9m sale and leaseback deal with PSA Peugeot Citroen.
Fraser's overcomes challenges to open new-to-industry site
Independent forecourt group Fraser's Retail has opened a new-to-industry site in Marlborough, Wiltshire, and quickly changed the fuel-buying habits of local motorists after selling 120,000 litres of fuel in the first week.
Innovation and efficiency drive success, says Kay Group MD
The key to a successful independent forecourt network is embracing innovation and operational improvements, according to the Kay Group's managing director Richard Cox.
Symbol group operators on track for 50% share of c-store sales
Symbol group operators are expected to account for half of UK convenience store sales by 2020, according to the latest research published today by IGD.
New car registrations rise 12.1% in October
UK new car registrations rose 12.1% to 151,252 units in October, in sharp contrast to falling markets across Europe.
Dismay at claims that rates delay would benefit forecourts
Petrol stations would be among 800,000 premises to see a rise in business rates if revaluations stick to the 2015 date, a government Minister has claimed in a Westminster Hall debate this week.
Deferring business rates will hasten rural closures, says Madderson
The Government's recent decision to defer Revaluation of Business Rates from 2015 to 2017 effectively kills off any hopes of cost reductions harboured by struggling owners of rural filling stations, says Brian Madderson, Petrol Retailers' Association (PRA) chairman.
Barber Wadlow client, James Graven, leases its final two forecourts
Jonathan James of James Graven is to exit petrol station operation as his company, advised by Barber Wadlow, leases its final two forecourts to BP
UK's largest forecourt opens on the M25
Cobham Service Area on the M25 in Surrey opened on 13.09.2012, knocking Shell Beaconsfield on the M40 in Buckinghamshire off the top spot as the UK's largest filling station.
August car sales slow ahead of plate change
New car registrations grew 0.1% in August to 59,433 units and year to date the market is ahead 3.3% to 1,260,997 units.
New car registrations rise 9.3% in July
New car registrations rose 9.3% in July to 143,884 units, the fifth monthly gain in a row.
Holiways Ford goes into administration
North East Ford dealer group Holiways has gone into administration.
SMMT forecasts 1.6% rise in registrations
The SMMT is forecasting new car registrations will rise this year and in 2013, while LCVs will continue to fall.
C-store sales predicted to soar by nearly 30% in the next five years
Convenience store sales are set to soar by nearly a third to £44bn in the next five years, according to the latest research published today by IGD. The research forecasts a 29% increase from the current value of £34bn, with the average annual growth rate for the convenience sector set to be 5.1% between now and 2017.
Retailers urged to join the fight for fairness with business rates
Retailers are being urged to take part in research that will form the basis of a challenge against the Valuation Office Agency (VOA) and the 2015 Rates Re-Valuation.
UK new car registrations rise 3.5% in June
New car registrations rose 3.5% in June to 189,514 units, the fourth successive monthly increase.
PRA react to fuel duty news
The RMI Petrol Retailers Association (PRA), which represents independent forecourts across the UK, positively welcomes the Government's decision to not go ahead with the 3 pence-per-litre (ppl) fuel duty increase in August.
New car registrations rise 7.9% in May
New car registrations rose 7.9% in May to 162,288 units, the biggest percentage rise for 23 months.
Barber Wadlow's clients, the Delves family bid emotional farewell to Harry Tuffins
Barber Wadlow's client, Harry Tuffins, have "mixed emotions" about leaving the business next Monday following the sale of the Top 50 Indie group to Midcounties Co-op.
Shell to partner Costa Express on 550 forecourts
Costa Express and Shell UK have announced a long-term partnership to install Costa Express self-serve coffee bars in more than 550 Shell forecourts in the UK.
Midcounties Co-op to buy Top 50 Indie Harry Tuffins
Top 50 Indie Harry Tuffins has agreed to sell its network of forecourts and convenience stores to the Midcounties Co-operative Society.
No two days are ever the same for Adam Wadlow
Read about the day in the life of Adam Wadlow, Partner at Barber Wadlow, as featured in Forecourt Trader - March 2012.
Retailers urged to attend Forecourt Live sessions at the NEC
RMIP chairman Brian Madderson, together with Barber Wadlow, will be speaking at the Forecourt Live area of the Fuel and Forecourt Equipment Show at the Birmingham NEC on 26 & 27 March 2012.
Barber Wadlow client, Motor Fuel Group, switches to commission operators
Top 50 Indie Motor Fuel Group (MFG) is changing its mode of forecourt operation from direct managed to commission operator.
UK forecourt network numbers continue to fall
The number of forecourts in the UK continued to decline over the past year, falling to just 8,480 sites, according to the latest Retail Marketing Survey, conducted by the Energy Institute (EI).
More dealers go into administration
Insolvencies in the motor sector more than doubled in the final quarter of 2011, according to figures released by the Insolvency Service.
Roadside's Newcastle Airport site signs up to Nisa Local
Top 50 Indie Roadside Group (and client of Barber Wadlow) has revamped its site at Newcastle International Airport with a Nisa Local-branded forecourt store.
Top 50 Indie Calanike in receivership and seeking potential buyers
Glasgow-based Top 50 Indie Calanike Retailing Ltd, founded by managing director Kenny Webster in 1998, is in receivership, and seeking interest from potential buyers.
Top 50 group MFG acquired by new managment team (advised by Barber Wadlow)
Top 50 Indie Sej Sejpal said he is feeling "on top of the world" following the sale of his shareholding in the Motor Fuel Group (MFG).
Demand for dealership property falls in second half
Property requirements for new vehicle dealerships and sites in the UK fell by 60 per in the second half of 2011 compared to the corresponding period in 2010, according to property consultant Barber Wadlow.
Many rural sites hit by massive rate increases
Many rural petrol stations are being faced with massive rate increases of between 100%-400%. The news comes from an initial review of the impact of the 2010 Rating List on rural forecourts by Barber Wadlow, in association with RMI Petrol.
Southgate Group in administration
Southgate, the south coast based Peugeot and Mitsubishi dealer group, has gone into administration.
Barber Wadlow has friends in high places!
World cup winner, David Silva, donates an amazing advertising opportunity to Barber Wadlow at his personal box at the Etihad Stadium.
RMI Petrol appoints Barber Wadlow as property advisor
RMI Petrol has appointed property firm Barber Wadlow as advisers to its members in all property-related matters.
Shell and Waitrose to pilot joint venture
Shell and Waitrose have announced a two-site trial of a new joint format that will see Little Waitrose convenience stores on Shell forecourts later this month.
UK new car sales rise 7.3% in August
New car sales rose 7.3 per cent to 59,346 units in August, the first rise since June 2010, according to figures from the SMMT.
June new car registrations down, but pace of market decline slows
A fall in June registrations has been acknowledged as a continuation of a 12-month trend and supports the trade's belief the total market for the year will be 1.93 million units.
Total network sold to Snax 24 consortium - and Shell buys 254 sites
Rontec Investments LLP, a consortium comprising top 50 Indie Snax 24 and partners Investec and Grovepoint Capital, have today signed a sale and purchase agreement to acquire Total’s retail and fuel distribution business in the UK.
New car sales fall 1.7 per cent in May
New car sales in May fell 1.7 per cent to 150,431, according to figures released by the SMMT.
Jardine Motor Group buys Wayside Motor Group
Jardine Motor Group has bought Wayside Group, a deal which will push its turnover above £1.2 billion.
New car sales fall 7.9 per cent in March
New car sales fell 7.9 per cent in March according to figures released today by the SMMT.
Ronson targets UK petrol stations
A consortium of investors that includes veteran property developer Gerald Ronson has entered exclusive talks to buy about 800 UK petrol stations from Total - or almost 10 per cent of the market.
AF Blakemore & Son acquire Capper & Co business
West Midlands-based AF Blakemore & Son has acquired the business of fellow Spar wholesaler South Wales-based Capper & Co.
New car sales fall 7.7 per cent in February
New car registrations fell 7.7 per cent in February to 63,424 units, according to figures from the SMMT.
Barber Wadlow to speak at IFFE - 27 & 28 February 2011
Barber Wadlow will be speaking at the launch of Indie 5000, the project that targets single-site dealers or those with a handful of sites.
Mayfair Capital Investment Management acquire petrol filling station investments
Commercial property manager, Mayfair Capital Investment Management, has bought two petrol filling stations for its Mayfair Capital Property Unit Trust.
Barber Wadlow lets Cardiff petrol station to Park Garage Group
Barber Wadlow has just let a site in Cardiff to Park Garage Group. The petrol station is located on Hadfield Road, near to the new football stadium.
Blackstone in negotiations for Total Oil & Murco networks in the UK
Blackstone is considering acquisitions that would give the private equity group a 1,200 petrol filling station network in the UK.
Victory for RMIP campaign as VOA reveals business rate reductions
A 12-month battle over 2010 Business Rates, during which more than 2,000 fuel retailers lodged appeals, has resulted in some notable triumphs for the lobbying team -
led by RMI Petrol - and most importantly for the industry.
Supermarket chain announces smaller store rollout next year
Morrisons is to fully expand into convenience stores in the UK, as part of a three-pronged growth strategy
Petrol Filling Station Market Activity Picks Up
According to Barber Wadlow, there is increasing activity in the petrol filling station property market.
Barber Wadlow represents RMI at Business Rates meeting with Minister
RMI Petrol took part in an industry-wide meeting with Tory MP Robert Neill on 20 July to lay out its case against the 2010 Business Rates valuations for petrol stations.
Barber Wadlow lets site to MPK Garages
Barber Wadlow lets petrol filling station site in Cheadle, Staffordshire to MPK Garages.
Car retailing sector heading for a dip
Demand in the car retailing sector is due to dip in the summer but dealers with strong used and aftersales businesses could see growth, according to a leading financial analyst.
RMI Petrol appoints Barber Wadlow as Ratings Advisers
The RMI Independent Petrol Retailers Association ("RMI Petrol"), which represents two thirds of the 9,000 petrol forecourt sites in the country, is pleased to announce it has appointed Barber Wadlow as Ratings advisers to assist in its continued challenge against the Valuation Office Agency's ("VOA") 2010 Revaluation Scheme.
Budget impact on fuel retailers
This month's budget by Chancellor, Alastair Darling, gave little comfort to the fuel retailing sector.
Swayfields in Receivership
Motorway services station developer Swayfields has been put up for sale - with a price tag of £300m - after the company was put into administration last Friday (5 March).
January new car registrations up by 29.8%
January new car registrations rose by 29.8% to 145,479 units despite the return to the 17.5% rate for VAT and a cold snap which ground the country to a halt.
Petrol retailers wanted to lobby government on business rates
Barber Wadlow is working with Conservative MP, Philip Dunne, to lobby the Government against the proposed Business Rates increases.
Petrol station market continues to attract investors
Barber Wadlow has teamed up with Experian Catalist to publish a list of value indices for independently owned sites.
Rate hike threatens existence of rural petrol stations
The Sunday Telegraph reports that hundreds of rural petrol stations face closure if an "outrageous" increase in business rates is pushed through next April.
Vehicle dealers crashing into losses in 2008
2008 will be remembered by motor dealers as the year the car market crashed and profits slammed into reverse.
New car sales rise 32% in October
New car registrations rose 31.6 per cent in October to 168,942 units, according to figures released by the SMMT.
Automotive insolvencies rose in September
The rate of insolvencies in the automotive sector rose in September with 42 firms going out of business, according to Experian.
Retailers fear outcome of rate review
Retailers are bracing themselves for significant business rate hikes after the new rateable values were issued by the Valuations Office Agency (VOA) last month.
Scrappage scheme to be extended
The Government is to extend its car scrappage scheme to include a further 100,000 cars and vans.
Straining at the lease
As forecourt retailers seek to keep control of costs, Barber Wadlow offers some advice.
Magna confirmed as GM Europe's chosen buyer
General Motors (GM) has chosen the Canadian car parts manufacturer Magna to buy Opel and sister firm Vauxhall.
Manufacturer grows retail network
Hyundai has appointed 10 new dealers bringing its network total to 141.
Pendragon sees recovery
Vehicle dealer, Pendragon, has reported a "significant turnaround" in the first half of the year as it saw improvements in both the new and used car markets.
July new car registrations up 2.4%
New car registrations rose by 2.4% in July 2009 to 157,149, the first month of growth since April 2008.
15 July 2009
New bidder for GM Europe
Belgium-based RHJ International believes it can make General Motors Europe profitable by 2011.
Continued demand for petrol filling station investments
Whilst the prices for certain lots were not quite as strong as we have seen over the last two months, the sector does appear to be generating a sustained level of interest. This is unsurprising given the quality of assets, strong covenants, guaranteed rental growth and long-term leases available.
Vehicle dealer groups exploit market conditions and expand
Ford Retail has sold three of its Polar Ford sites in Yorkshire to Stoneacre Motor Group for an undisclosed sum. This follows the recent Brooklyn Motors administration, which saw a large proportion of the network being sold off to Vertu Motors and Marshall Group’s acquisition of Jaguar Ipswich from Lookers.
Brooklyn Motors - In Administration
Brooklyn Motors, with a turnover of £150million, has gone into administration.
Private equity group on standby for GM Europe
Another company could make a bid for General Motors European arm if the current deal falls through.
Infiniti's first UK partner announced
Infiniti Europe has revealed that its first UK partner to sell its models in the UK will be Rymco UK, a wholly owned subsidiary of Rasamny Younis Motor Co and Infiniti’s partner in the Lebanon.
Barber Wadlow partnership formed
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.
PETROL FILLING STATION REQUIREMENT: EAST ANGLIA
We have a requirement, on behalf of retained clients, for a petrol filling station site in the East Anglia region.
Improvement in fuel sector investment market
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.
Business rate is likely to cost an extra 5%
The Government has proposed a 5% increase in business rates from April 1.
Number of UK franchised dealers set to fall
Car dealers are an endangered species and their number in the UK will be significantly reduced in the future, according to an industry analyst.
Magna and Russian bank set to takeover Vauxhall
Vauxhall and Opel are to be acquired by Canadian parts firm Magna and Russian state-owned bank Sberbank.
Vauxhall dealer Bicknells acquired by Brindley Garages
The Vauxhall dealer group Bicknells, which went into administration a few weeks ago, has now been bought by Brindley Garages.
Fiat bid for Chrysler approved
Fiat's bid for Chrysler has been given court approval which should allow the US manufacturer to exit Chapter 11 bankruptcy protection soon.
Euro Garages: three new sites and more on the way
Blackburn-based Euro Garages, number four in the Forecourt Trader Top 50 Indies list, has acquired three more sites taking its total to 75.
Car scrappage scheme
More than 35,000 new cars have been ordered through the UK's scrappage scheme since it was announced in April, government figures show.
Motorists are now paying an extra 2.12p per litre of petrol as a Government fuel tax increase comes into force.
Last year, fuel prices were at record levels, encouraging the Government to delay the plans to increase duty.
First substantial company liquidation in the fuel retailing sector
Dolphin Retail, which has 22 petrol filling stations in Scotland and Yorkshire, has gone into liquidation, according to the Peebleshire News.
With grateful thanks to world cup winner, David Silva, for donating this amazing advertising opportunity at his personal box at the Etihad Stadium. David Silva (fondly known as â€śMerlinâ€ť for his magical skills) was pleased to let Barber Wadlow have pride of place at his box. Barber Wadlow wish David every continued success at Manchester City and with his international career â€“ just a shame he doesnâ€™t play for England!