Press Releases
A petrol filling station in Norfolk is sold after nearly 30 years in the same ownership
Independent mortgage broker, Christie Finance, is pleased to announce that it has assisted a couple from Essex, who have had previous retail experience, to purchase a petrol filling station in Norfolk. The sale was handled by leading business agents, Christie + Co.
Coltishall Island Filling Station occupies a prime trading position at the junction of the B1150 and the B1354, which is ten miles to the north of Norwich and on the edge of the Norfolk Broads tourist area. The business has been family owned since 1978 and is operated as a Jet branded service station with fuel sales and a convenience store, which has a recently refitted office and storeroom facilities.
The business was sold on behalf of Mr Ian Blackburn to new owners, Mr and Mrs Mansoor Vas, from Ilford in Essex, who have extensive experience within the retail sector.
Nicholas Baker, from the Ipswich Office of Christie Finance, commented; “Being experienced operators, Mr and Mrs Mansoor Vas are very much aware of what it takes to succeed in this competitive market. We were delighted to be able to source market lending terms for them and we wish them every success for the future.”
Coltishall Island Filling Station was sold for an undisclosed sum from an asking price of £450,000 for the freehold interest. Melvyn Eke from Christie + Co handled the sale on behalf of the vendors.
For further information please contact Nicholas Baker at Christie Finance or Melvyn Eke at Christie + Co on 01473 256588.
Our Ref: CFips772
