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Developers taking advantage of filling station decline

By: Series: Property Forecast ; 3(11) November 2000, 2-3(2)Publication details: 2000Subject(s): Summary: Discusses the decline of petrol filling stations, and their potential as prime development and investment sites. Suggests that the recent fuel blockade has heightened an existing crisis for filling stations which began in the Eighties. Competition from supermarkets and motorway services has led to the closure of filling stations in urban and rural areas; a decline from just under 25,000 in 1982 to 13,000 in 1999. Increasing closures threaten family businesses and local communities. One option for struggling filling stations is to sell up, and those occupying prime space have managed to fetch significant sums as development sites with planning permission for housing.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS63144 (Browse shelf(Opens below)) 1 Available 109322-1001

Discusses the decline of petrol filling stations, and their potential as prime development and investment sites. Suggests that the recent fuel blockade has heightened an existing crisis for filling stations which began in the Eighties. Competition from supermarkets and motorway services has led to the closure of filling stations in urban and rural areas; a decline from just under 25,000 in 1982 to 13,000 in 1999. Increasing closures threaten family businesses and local communities. One option for struggling filling stations is to sell up, and those occupying prime space have managed to fetch significant sums as development sites with planning permission for housing.