Penny Petroleum takes over another A1 service station with purchase of Stannington site

Northumberland based Penny Petroleum had added to its portfolio of service stations on the A1 in Northumberland.

Thursday, 2nd April 2020, 4:27 pm
Updated Friday, 10th April 2020, 3:27 pm

It has purchased Stannington Service Station, close to the A1 southbound, near Morpeth.

Penny Petroleum already has sites near the A1 at Lindisfarne Services, Beal and Fairmoor, north of Morpeth.

David and Louise Penny purchased their first petrol forecourt in Powburn in 1994 and now have more than 50 sites across the north of England, southern Scotland and Wales.

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Stannington Service Station.

Andrew Birnie, director at property adviser Christie & Co, said: “I have been selling forecourts from Northumberland to Yorkshire for over 10 years and always wanted to sell this site in Stannington. I have used it as a customer for many years with it being in my home region and could see great potential for a new owner.

“I knew David (Penny) was keen on adding the forecourt to his company site list and we had previously worked with him and the owner of Stannington on the acquisition of another site at Bebside in Northumberland.

“It took some time to persuade the owner to let go of this site, knowing the standard of Penny Petroleum sites, and I am sure Stannington will benefit from a boost of new ideas and investment with a shop refit and likely a full range of convenience and alcohol products to follow.

“This will make it a more pleasant place for staff to work and improve the customer experience. I wish David good luck with the future of the site.”

It follows another smaller acquisition of Gillens Filling Station, Hartlepool, in January.

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