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Service station sells for £35m

By Nick Ward Tuesday 26th August 2014
WOOLLEY Edge Service Station has been sold for a staggering £35m.

Originally opened in 1972, the service station between M1 junctions 38 and 39 has been sold to Knight Frank's Specialist Property Investment Automotive team.

The sale represents the largest ever single-asset investment transaction in the sector.

Adam Chapman, of Knight Frank, said: "The sector has witnessed an extraordinary resurgence in the last decade, due in part to the introduction of major high street brands and a relaxation in government policy, and with increasing investor involvement, highly impressive airport-like facilities are likely to one day be the norm."