EG On The Move appoints agents as it targets 120 roadside sites
EG On The Move Property, the fuel and premium brand foodservice and grocery retailer, has appointed Colliers as its retained agents, as the group looks to acquire over 120 new sites over the next three years.
Colliers will work with the group to acquire properties for in-line, petrol forecourt, food service, and convenience retail development.
The requirement will focus on acquiring roadside and retail properties for the brands that EG On The Move will be working with.
For roadside properties, the focus is on existing freehold and leasehold sites between 0.35 acres and 10 acres, as well as new development locations with high amounts of vehicle traffic or within densely populated areas. Priority locations include A-road sites, retail parks, and major junctions on trunk roads.
New roadside developments where retailers can be placed alongside services such as EV charging will also be considered.
In retail destinations, including both high streets and shopping centres, the group is seeking units up to 1,500 sq ft in size in close proximity to student populations, office workers, transport hubs, and nighttime economy.
Neil Findlay, development director at EG On The Move Property, said: “We’re excited to be working with Colliers as we look to roll out our brand partner expansion plans for the likes of Starbucks, Popeyes, Subway, Greggs, Cinnabon, Sbarro and Chaiiwala, which will help meet our ambitious expansion target and create further jobs across the United Kingdom. The roadside convenience retail model is the backbone of our business, and with Colliers’ strong presence in the retail, restaurant and automotive sectors they will enable us to reach our goals.”
John Roberts, head of Automotive & Roadside at Colliers, added: “We are looking forward to expanding our relationship with one of the most well known and fastest growing occupiers in the United Kingdom. EG On The Move has a track record of delivering quality high profile roadside schemes throughout the UK.”
Tom Glynn, director in Retail Development & Advisory at Colliers, added: “The sector is very competitive but with their experienced in-house team and their multiple formats from fuel, EV charging, drive thru to convenience retailing and partnerships with international brands, we feel that EG On The Move will provide a clear difference within the market.”