AQUISITIONS
Towards the end of 2017, Ellis and Partners acquired their twenty ninth convenience store on behalf of Central Stores Ltd, the specialist convenience retailing chain based in Dorset. This number includes approximately ten petrol filling stations. Virtually all of these acquisitions were-off market.
This coincided with the acquisition of nearly twenty convenience stores on behalf of Southern Co operatives, the Portsmouth-based independent Co op.
Most recently, the Acquisitions Director, has turned his attention to finding new sites for petrol filling stations and so far been successful in acquiring land for a Budgens / Shell franchisee in Trowbridge and Frome, with others in the planning stages in Worcestershire and Sussex. Ellis and Partners are also concentrating on finding sites for operators in the care sector, a burgeoning market which is likely to see huge growth in the coming years. One site in Exeter is in solicitor’s hands with planning being submitted shortly, with others in the pipeline.