Fuel retailing is a rapidly evolving sector. Traditional petrol stations have grown into convenience retailing facilities with a number of potential bolt-on income streams such as ATMs, Drop Boxes, EV charging points and advertising rights, not to mention more traditional valeting facilities.
Working with corporate and individual operators, we have accumulated a wealth of experience and knowledge of this market.
Another rapidly evolving sector with the revolution in Electric Vehicles in all their forms. Dealers and manufacturers (OEMs) have had to embrace the explosion in online retailing and adapt their practices at base. Property assets will remain an important part of the retailing process but the format and specification may well change.
Our experience working with group and independent operators provides us with an insight into the operational requirements when advising on rent reviews, lease terms, acquisitions and disposals.
This sector has expanded from just the traditional rollover car wash and jet washes to include hand car washes.
Originally regarded as a useful side line, these operations can provide high margin not insubstantial income streams from under utilised land or facilities.
We have experience in negotiating lease or licence terms and advising on rent reviews.
This is undoubtedly a rapidly evolving sector driven by the government's commitment to 'going electric' by 2030. The pressures to grow the number of EVCPs to cope with the expansion of the EV market to meet their target is enormous. This creates opportunities and we are already seeing EVC operators develop standalone EVC stations with comprehensive complimentary retailing facilities.
At the same time, traditional petrol station operators are adding EVCPs to their facilities.
GECP is advising a number of landlords on lease terms and rental levels where tenant operators are wanting to add EVCPs to their existing facilities.
GECP is a specialist property services consultancy focused on the fuel retailing, motor trade and roadside facility sectors.
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