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Nightowl truckstop finds buyer
Page 7
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A CUMBRIAN haulage firm has injected new life into Penrith truck services by buying the site from beleaguered operator Nightowl and vowing to continue offering parking to drivers Clifton-based AW Jenkinson finalised the deal last Friday and intended to be open on Tuesday (10 February). The company's financial director. Charles Egerton, refused to be drawn on how much the site was sold for, but it is thought it is in the region of 11 rn.
Egerton says: "We want to run it as it was, but slightly better obviously.We have a fleet of 160 wagons, of which 95 are based in Penrith.
"It's important to us, but we also have a shortage of storage space. This Oyes us another 10 acres."
Egerton says the truckstop will not sell fuel for the first two months until it undergoes a makeover in conjunction with a fuel company. However, the 37-bed motel, truck park, restaurant and bar will all be operational. In addition, the firm intends to reduce overnight parking to £10.
Chantrey Vellacott, Nightowl's administrator, insists the sale is a one-off, which was arranged between the haulage firm and the truckstop'slandlord.He adds:"We are reconstructing the rest of the business to put it back on its legs."
Trevor Forsey, a driver for Bedfordshire-based HE Payne, says he regularly uses the truck park and is relieved it will continue trading. But he questions whether AW Jenkinson's accountants will remain impressed if the site fails to make enough profit.