Applegreen increases volumes by 20%
Applegreen set to increase volume sales in Ireland by 20% with the opening of six new in-line motorway service stations
16 November 2009 | 0
Forecourt retailer Applegreen is set to open six new in-line motorway service stations, as part of the consortium SuperStop, which also includes fuel provider Top Oil and construction partner Pierse Contracting.
The Public Private Partnership contract was awarded by the National Roads Authority to design, build, finance, and operate the six motorway service areas located on the M1 at Castlebellingham, Co Louth and Lusk, Co Dublin, and on the M4 at Enfield, Co Kildare.
Although details of the investment made by each of the partners could not be given, it was released that Bank of Ireland is to be the sole lender for the projects, with total borrowings of €70 million.
The six new service stations will bring Applegreen’s total in Ireland to 61 sites, increasing the current number by 10% and increasing its volume sales by 20%. According to Applegreen director Joe Barrett, the considerable volume increase is owing to the large scale of the new operations, which he describes as “much bigger beasts” than all other stations currently in Ireland.
The new service areas will occupy approx 10 acres, compared with 1.5 acres at a typical site, and will accommodate 15,000 sq ft amenity buildings, separate areas for HGVs and coach parking.
Applegreen is planning further new openings in 2010, with a site at Stillorgan Road, Dublin, due to open in January.
In addition, since opening its 30,000 sq ft CDC in Leixlip, Co Dublin a year ago, it has just recently introduced a chilled component, enabling delivery across all three temperatures three times a week to all sites in Ireland.