Sassari Ventures Limited
June 6, 2025 at 02:40 PM
*FOR SALE: PETROL STATION IN NGONG TOWN - KES. 40M*
*1. Ownership & Legal*
The property has a valid title deed, held under leasehold, with no liens or encumbrances. There are no ongoing disputes or court cases associated with it.
*2. Licensing & Compliance*
Due to the station being inactive for an extended period, current licenses (EPRA, NEMA, county permits, fire safety, and business permits) may need to be reapplied for or renewed. Compliance will require a fresh assessment.
*3. Fuel Supply*
The site currently has no active fuel supply agreements. The future buyer would need to secure a fuel supplier, either branded or independent, and negotiate any desired supply contracts.
*4. Financials*
As the station has been non-operational for some time, there are no recent fuel sales or financial records. Revenues from services like a shop or car wash are also not available. Any financial performance will depend on future operations post remodeling.
*5. Infrastructure*
Fuel tanks are in place, though the exact capacity has yet to be confirmed. The condition of key infrastructure, pumps, tanks, canopy, and buildings, will need inspection. Refurbishment or complete remodeling will likely be necessary.
*6. Staff & Operations*
There is currently no active staff or operations. All staffing will need to be initiated by the incoming owner based on intended operating hours and scale.
*7. Additional Income Sources*
Any shops, car wash bays, MPESA agents, or rental units will need to be redeveloped or reinstated, subject to the buyer's plans. Current rental income is not specified.
*8. Location & Market Potential*
Site visit is highly recommended to assess foot and vehicle traffic, proximity to estates, schools, bus stages, or industries, and to evaluate nearby competition. The station's potential will depend significantly on its catchment area and the buyer’s investment.
*9. Sale Details*
The property is being sold on an 'as-is' basis. The asking price and full scope of what is included (land, equipment, business assets) can be discussed in person. This is likely to be an asset sale, and the seller confirms that there are no outstanding debts tied to the property. The reason for sale is due to prolonged inactivity.
*10. Future Potential*
The station offers solid redevelopment potential. Space may be available for a convenience shop, car wash, EV charging station, or other commercial ventures. Rebranding is possible, and there may be infrastructure or road projects planned in the area.
DM or Call *+254 733 802 446*
📍Ngong Town