Buyer demand for convenience stores is continuing to outstrip demand, reflecting the strength of the sector, according to a report.
Both convenience and forecourt sectors are seeing “exceptionally strong buyer demand”, according to property advisor Christie & Co’s 2026 Retail Market Review.
Christie & Co saw a 26% year on year increase in offers made on retail businesses in the first half of 2026, according to the report.
In the convenience store market, independent owner-operators were the dominant buying group in the first half of 2026, accounting for 65% of acquisitions completed by Christie & Co.
In the forecourt market, demand was strongest for high-quality freehold assets and established roadside retail destinations combining fuel, convenience retail and foodservice. Freehold assets accounted for 73% of forecourt transactions completed by Christie & Co in half one of 2026.
The company said that despite challenges, the convenience store market remained one of the most active retail subsectors, supported by needs-based consumer spending, growth of top-up shopping missions, and the vital role local stores play in their communities.
Major supermarkets have been expanding their footprint in convenience, including Waitrose, which plans to open 100 new c-stores by 2029.
Sainsbury’s plans to open or reopen Local stores at a rate of 25 a year, have unveiled a new look for the format in 2025.
Asda last month launched a new wholesale model to supply independent c-stores under a new Asda Convenience fascia.
Read more: What’s the deal with Asda’s indie convenience push?
“The confidence we are seeing from purchasers reflects the essential role that both convenience stores and Forecourts play within communities and infrastructure across the country,” said Steve Rodell, Christie & Co MD of retail and leisure.
“These businesses continue to benefit from strong local customer loyalty, and increasingly diverse revenue streams that extend beyond traditional retail and fuel sales.
“Looking ahead, we remain optimistic about the outlook for both subsector,” Rodell added. “Whilst challenges undoubtedly remain, particularly with several major new initiatives and regulations set to impact operators in the coming months, the market fundamentals underpinning convenience retail and forecourts are as strong as ever.”
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