Euro Garages expand further into Cornwall
Euro Garages has recently completed the acquisition of Four Cross Garage in Penryn, Cornwall. The site had been operated as a petrol filling station and car repair workshop by the same family since 1984, who are now taking early retirement.
Following this acquisition of the business, Euro Garages for the immediate future will be operating the site in its current format whilst they consider their options.
Paul Heather, director at Charles Darrow, who acted on behalf of the owners, Craig & Yvonne Turner commented “As with all petrol filling station sales that we handle, they generate a great deal of competitive interest and Four Cross Garage was no exception with strong market interest from the outset.
“Euro Garages were looking to increase their presence in the south west and this petrol filling station proved the perfect purchase for them. Demand remains strong for good freehold sites throughout the south west and despite Brexit uncertainty, we expect this trend to continue with supply being restricted.”
Based in Blackburn, Euro Garages is one of the UK’s fastest growing and most recognisable forecourt operators, with an expanding portfolio of around 360 sites located throughout mainland UK, and over 4,500 worldwide. Euro Garage have high profile partnerships with Subway, Greggs, Burger King, Starbucks and KFC in the UK and Europe.
This purchase will further strengthen Euro Garages portfolio in the south west.