New Motorway Service Station for Banbury’s Junction 11 of the M40
Euro Garages, one of the UK’s leading forecourt operators, is developing plans for a motorway services area with petrol station on the Junction 11 (Banbury) of the M40.
The plans for the 30 acre development site would also deliver 80,000 sq ft of new office space, 150,000 sq ft storage and distribution unit, a hotel and pub an a HGV parking area.
The site sits opposite (and over the M40) from the brand new 275,000 sq ft ‘Banbury Gateway’ out of town Shopping Centre which features one of Marks & Spencer’s largest out of town superstores, a Primark, Next and many other retailers.
White Commercial Surveyors (based in Castle Street, Banbury) acted on behalf of landowners to secure the sale of the 30.54 acre (12.36 hectare) strategic greenfield commercial development site known as Ban15 situated on the eastern side of and fronting Junction 11 of the London the Birmingham M40 to Euro Garages.
White Commercial Surveyors and their advisers were instrumental in Cherwell District Councils decision to adopt the agricultural greenfield site in their recent Local Development Plan (2011 – 2031) on the basis that the site would maintain Banbury’s economic strengths in manufacturing, high performance engineering and logistics.
Chris White commented “This is an excellent strategic purchase by Euro Garages and will create a valuable addition to the company’s UK operational and property assets.
The public has been invited to a Public Exhibition to showcase the proposals at the Banbury Town Hall on Wednesday 22nd February 2017 from 11am to 7pm. No RSVP is required, just turn up to meet the team and have the opportunity to give feedback.
Euro Garages have recently merged their substantial UK petrol forecourt and retailing businesses and now have a combined turnover estimated to be in excess of over £6 billion to form a group with over 1,450 locations in the UK and Europe.