Without a steady flow of traffic, whether you have double-glass fibreglass tanks or steel tanks is ultimately academic. Valid for 12 months, these reports detail any past contamination issues, an understanding of which is crucial to any successful deal. Commissioning a soil test is also often recommended.
The Queensland station had higher rent and was positioned on the M1, one of the biggest roads in the state, whereas the Avondale Heights one had much lower rent. Offering long-term leases and fixed rental increases, petrol stations are often sound, hassle-free investments. Picture: Getty. Financing a petrol station is a little different from financing a residential property. First, though, Du Rieu says the bank will ask to see copies of the lease and latest environmental site assessment.
Buying a petrol station for investment Share. Petrol stations present a great opportunity for investors. Location is a key factor when it comes to buying a petrol station. Like us on Facebook to stay up to date with commercial property news:. Read More.
The Leprosy Mission Trust India. Corning Gorilla Glass TougherTogether. ET Power Talks. Nayara Energy to expand petrol pump network by 25 pc in years Russian oil giant Rosneft-backed firm has about 5, petrol pumps across the country now, which it plans to expand to 7, in a year or two before "taking a pause and look at how the Indian consumer story grows", he said. Fuel pumps in Punjab remain shut due to high tax rates According to fuel traders, petrol and diesel is costlier in Punjab in comparison to UT All News Videos Photos.
Fuel pump owners in Punjab to shut shops on July 29 to protest against high tax rates 26 Jul, , Total and Adani group to apply for petrol pump licence in India 06 Aug, , Maharashtra State Road Transport Corporation to set up petrol pumps to overcome losses 19 Aug, , Diesel demand seeing degrowth, petrol picking up amid pandemic, says Indian Oil 28 Sep, , Petrol, diesel prices go for pause, relief likely ahead 30 Jun, , BPCL offers voluntary retirement scheme to employees ahead of privatisation 26 Jul, , Fuel prices rise again in Delhi, troubled commuters urge govt to provide relief 17 Jun, , UPSC results: Son of petrol pump worker secures rank 26, says 'it's beginning of a new journey' 05 Aug, , Govt mulls installing EV charging kiosks at around 69, petrol pumps in country 06 Sep, , Browse Companies:.
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The attendant fills up only Rs worth and after being pointed out his mistake goes ahead and pretends to reset the machine and fills up to Rs 1, All the while, you could be under the impression that you received Rs 1, worth of fuel. You could also ask the attendant to lock the nozzle in place and let go. Pumps usually have an auto cut-off system that cuts off supply when the desired quantity is reached or the tank is full whichever comes earlier.
If you doubt the quantity, ask for a measuring test. Petrol Pumps usually have a 5-litre jar supplied by the Weights and Measures Department. Use this to fill up the can yourself and if anything less than the amount fills up, you can report the pump to the police. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol. Stanford Masters.
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