UK Operator selects Lomondgate for expansion into Scotland
October 02nd 2013
Walker Group has announced the conditional sale of a further 11 acres of land at the £100m Lomondgate mixed-use development near Loch Lomond in West Dunbartonshire.
The UK's fastest growing forecourt operator, Euro Garages, has agreed to purchase a 1.1 acre site at Lomondgate in Dumbarton, forming a key element of the £135m development's roadside services.
The move will see the opening of a new Esso petrol station with a Spar convenience store, a Subway food to go outlet, a Greggs take-away and Starbucks On The Go, on a site adjacent to the A82 dual carriageway, one of Scotland's busiest trunk roads.
The deal is subject to planning. A planning application has been lodged with West Dunbartonshire Council and if approved work will start on site in early 2014 and be completed by Autumn the same year.
Privately owned, Euro Garages has 70 freehold owned sites in the North of England and the Midlands and was voted Forecourt Operator of the Year in 2013. The purchase of the Lomondgate site forms part of the company's expansion into Scotland.
The nine acre Lomondgate Services site is already home to a 60 bedroom Premier Inn, Malt & Myre Family Restaurant and Bar and Scotland's first drive thru Costa Coffee.
Along with some of the 40,000 motorists passing daily, the petrol station will service the residents and occupiers of the multi-use Lomondgate development which will feature 338 homes, and a 20 acre business park when complete. It is also home to world class occupiers Aggreko and BBC Scotland. In total more than 700 people are already employed on the site.
John Menzies, Partner, Retail Services, Cushman & Wakefield, who acted for the Lomondgate Partners, namely Walker Group and Strathleven Regeneration C.I.C said: "When it comes to location you would be hard pressed to beat the Lomondgate site which has a local catchment area of more than 100,000 people and a population of 2.3 million within an hour's drive time.
"Both Costa Coffee and Premier Inn have been trading very successfully since they opened at Lomondgate Services and I am sure Euro Garages will also do extremely well.
"We also have strong interest in two further sites at the roadside services which would be ideal for restaurant operators or tourism retail use."
Bruce Walker, Managing Director of Walker Group, said: "The petrol station is a key component of the development's infrastructure and we are delighted that Euro Garages has selected our location for their first petrol filling station in Scotland.
"Not only will local people benefit enormously but it will also be a great additional resource for tourists travelling to and beyond Loch Lomond & the Trossachs National Park, who will now have a full range of options available when stopping off to refuel - from a coffee and a quick sandwich to an overnight stay."
Two parcels of land as well as a two and half acre site remain for sale or let within Lomondgate's roadside services area.