3-Part Online Briefing
Session 1: Thursday, 8 September 2022 10am to 11.15am
The Market for Petrol Filling Stations Today – valuations, demand and funding
Market Overview
- Ownership & Market Share
- Typical KPIs
Who’s Buying & Who’s Selling?
- Independents
- Oil Companies
- Private Equity Participation
- New entrants
Pricing and factors that affect value
- Going concerns
- Corporate deals
- Investments
The funding and investment market
- Banks
- Investors
Presenters:
Steve Rodell, Managing Director - Retail, Christie & Co
Nick Bywater, MRICS – Associate Director Retail Investment & Advisory, Christie & Co
Mark Lodge, Independent business consultant and tech start-up founder
Session 2: Thursday, 15 September 2022 10am to 11.15am
The Implications of 2030 on Petrol Stations
Overview of the ‘Road to Zero’
- Legislative context
- UK licensed vehicles / Vehicle Sales
- Current v Future Income Drivers
Barriers to Success
- Factors influencing EV take up
- Alternative fuels - Bio fuels & Hydrogen
What does it mean for petrol filling stations?
- How are the main operators preparing themselves for 2030?
- Covid - a peek into the future?
- Current v future income drivers
- Why buy a petrol station now?
Presenters:
Steve Rodell, Managing Director - Retail, Christie & Co
Mark Lodge, Independent business consultant and tech start-up founder
Nick Bywater, MRICS – Associate Director Retail Investment & Advisory, Christie & Co
Session 3: Thursday, 29 September 2022 10am to 11.15am
What are the Future Options for Petrol Station Stakeholders and possible new Site Buyers?
Stay as you are and invest
- EV charging
- Future proof infrastructure
- Retail offering
- Improving facilities
- Food service
- Valeting
Divest/repurpose
- Sell - there is still a strong demand for forecourts
- Let - drive thru still offering 20year leases
- Develop - Transition to larger stores with parking / EV / Valeting
- Forecourt design will need to adapt to future change of use
- Consider becoming an EV forecourt – This is the BP & Shell strategy. Battery swap could be an opportunity
- Alternative uses – what will planners permit and why
- Depends on local plan / policy
- Ideal local storage/distribution hubs
- Is it possible that there will be no viable use – and what happens if that is the case?
Land remediation – is this a killer cost?
- 80% of sites not contaminated
- Acceptable Levels of contamination depend on use
Presenters:
Steve Rodell, Managing Director - Retail, Christie & Co
Nick Bywater, MRICS – Associate Director Retail Investment & Advisory, Christie & Co
Mark Lodge, Independent business consultant and tech start-up founder