A service station on the Ballina Road in Foxford was sold at an online auction yesterday.

The Applegreen service station in Foxford, which includes a four-pump forecourt and a car wash, was auctioned and secured the guide price  of €630,000.

Currently the business is let to the Petrogas Group, a subsidiary of Applegreen, the current lease runs until 2036 and earns an annual rent of €80,000 which is set to increase to €84,000 from next year for a five year period.
The service station was among the lots in an online auction hosted by digital property investment platform BidX1. There was just one bid on the Foxford petrol station which matched its €630,000 guide price.

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