Commercial units likely at closed pvt fuel stations.
Commercial complexes are likely to come up at most of the sites of recently closed private petrol stations in Qatar.
As most of the closed private fuel stations were in prime locations, the individual owners are finding it more profitable to build commercial complexes than to continue with petrol stations, a general manager of Al Seef petrol station said.
"Many of the recently shut private petrol stations are located on C Ring Road and D Ring Road where commercial rents are very high compared to revenue generated from a petrol station. The occupancy levels of multi-storey commercial complexes in these locations are also very high. To maximise their profits, the individual owners are shifting from petrol pumps to commercial complexes," the official said.
A large commercial complex is expected to come up at the site of the Falcon Petrol Station on D Ring Road, which closed a few months ago.
An official supervising the site said that work on the commercial complex would start in December, this year. The official added that the demolition of the petrol station along with other adjoining buildings would start soon."It's a prime location. A commercial complex will generate more profit than a petrol station," he said.
Enquiries have revealed that the private petrol station near the Toyota signal on C Ring Road, which was closed a few months ago, will also be converted to a commercial complex.
Work at the site of another petrol station on the C Ring Road, which was closed almost three years ago owing to an underground blast, is ongoing, transforming the place to another a commercial complex.
The commercial complex, however, will include a petrol station, a project manager at the worksite said. The project manager did not reveal the details of the commercial complex.
All such petrol stations were used to be busy ones with a long queue of vehicles. Closure may put extra pressure on the already crowded Woqod stations nearby.
The Al Seef official, however, said that private petrol pumps situated in non-commercial and remote areas have no such plans to shut shop.
In fact, they are upgrading the petrol stations to remain in competition with Woqod petrol stations."Al Seef is one of the few petrol stations in the Al Wakra area. Our business is doing fine. We keep on upgrading our services and facilities to provide faster and quality services to our customers. All the machines at Al Seef are fitted with longer hoses capable of filling tanks from both sides," the official said.
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|Publication:||Qatar Tribune (Doha, Qatar)|
|Date:||Oct 9, 2016|
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