Factors affecting the valuation

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An operational petrol filling station is required to hold a petroleum licence, which is issued by the local Petroleum Enforcement Authority (PEA). In addition, an operator needs to hold: up-to-date tank and line tests vapour recovery certificates fire risk assessments DSEAR (Dangerous Substances and Explosives Atmosphere Regulations 2002) assessments and discharge licences, among other requirements. Government...

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