Colliers has been appointed as retained agents for EG On The Move Property as it looks to acquire more than 120 new sites across the UK over the next three years.
The acquisition team is looking for existing freehold and leasehold sites of a minimum 0.35 acres in size up to 10 acres, as well as new development locations with a high volume of vehicle traffic or within densely populated areas.
The search will include A road sites, retail parks and major junctions on trunk roads. EG On The Move will also consider new roadside developments.
In prime retail destinations, both on the high street, and in shopping centre locations, the team is seeking units of up to 1,500 sq ft close 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 and roadside at Colliers, added “We are looking forward to expanding our relationship with one of the most well know 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 and advisory at Colliers, said: “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.”
