Cotswold service station sold after defeating hurdles

cotswold service station sold after defeating hurdles - Cotswold service station sold after defeating hurdles
cotswold service station sold after defeating hurdles 1 - Cotswold service station sold after defeating hurdles

A COTSWOLD service station has changed side after overcoming a number behind hurdles.

Therapist business property advisor, Christie & Co has completed on all the freehold sale of Rowborough Products and services Station, a well-positioned Shell-branded forecourt located on the busy A429 between Moreton in Marsh and furthermore Shipston on Stour.

Purchased by currently the previous owner, John Eaden through March 2015 as providing a one-off expenditure, the 0. 4-acre plot came-a to market early in 2020 in order for Mr Eaden to retire.

The sales process faced tons of hurdles, as one week previous to launching to sell confidentially, the place was the victim of ram memory raid burglary.

Further delays ensued the moment Covid-19 outbreak forced the nation straight to lockdown in March.

Yet despite these problems, Jamie Williams, business agent near Christie & Co’s retail power team led a successful sales steps and was able to protect a buyer and achieve good good sales value within instances by year end.

Mr Eaden said: “This has been a traumatic as frustrating experience for all distressed but Christie & Co but the legal teams have helped together to achieve a advantageous make end.

“The new owner is the best experienced operator and is previously building a store extension.

“I wish the child well and I’m sure he’ll make a great success over a filling station in a good superb location. ”

Jamie Williams added: “Following the ram-raid, locations was absolutely badly damaged.

“Difficulties around lending due which will the Covid-19 pandemic created a good deal more challenges when negotiating with understand that it is buyers.

“We are delighted however that the two of us were able to utilise out network that will find a buyer and finalise the sale before the closure of the year. ”

The service intervalle has been purchased by Mr Sritharan Manickavasagan who owns AKV Renvoi (UK) Limited, one of Forecourt Trader‘s Top 50 Indies.

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