Roadside Real Estate PLC, a property business specialising in fuel station forecourts has bought 12 locations in Cumbria for £28.6million, being the entire issued share capital of Hoch Group Limited.
The acquisition is part of Roadside’s buy and build strategy, and will expand their portfolio to 20 sites in aggregate and bolsters their presence in the UK energy forecourt market.
The deal is to be funded by a £25 million new debt facility with HSBC.
The Hoch portfolio comprises twelve trading sites, together with a convenience store, strategically located in North West England, which based on FY25 figures amount to approximately 41 million litres of fuel sales.
For the 12 months ended 31 March 2025, Hoch achieved total revenue of £68.8 million, adjusted EBITDA of approximately £2.7 million and profit before tax of £1.8 million.
Full story Twelve petrol station forecourts in Cumbria acquired for £28.6m
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