Bristol Street Motors’ Post

Bristol Street Motors has opened the doors to its latest dealership, in Plymouth, following an investment of £820,000. It underscores the commitment of Bristol Street Motors owners, Vertu Motors, to expand its presence and enhance customer service in the region. Full story here >> https://bit.ly/49iF5Az #BristolStreetMotors #Renault #Dacia

Bristol Street Motors has opened the doors to its latest dealership, in Plymouth, following an investment of £820,000. It underscores the commitment of Bristol Street Motors owners, Vertu Motors, to expand its presence and enhance customer service in the region. Full story here >> https://bit.ly/4fSAibz #BristolStreetMotors #Renault #Dacia #VertuCareers

Very sad to see the ending of the CarShop UK Brand, another casualty of #Covid-19 it would seem. Hopefully redundancies will be minimised with a Continuing Use Sale of some locations… ------------------------------------------------------------------------- • Helping you achieve your dealership exit strategy goals. • Using my vast experience and extensive industry network to get the best price for your business, quickly, efficiently and confidentially. • Let’s talk today about maximising your property portfolio and realising your dreams. We can make it happen. DM me and let’s begin the journey together. #automotivedealerships #cardealerships #motorcycledealerships #roadsideproperty #alternativeuse

GSF Car Parts opens new National Distribution Centre in Wolverhampton – "Our aim is to rapidly awaken the sleeping giant of the UK aftermarket" Sukhpal Singh Ahluwalia, Executive Chairman of GSF Car Parts, said: “From Day 1, we knew that we needed a new NDC to support our ambitious growth plans. Today, less than a year after acquiring GSF Car Parts, we have got that done. The speed with which we have managed to complete this important step is validation of the amazing team that we have at GSF. They are really the very best in the business." Steve Horne, CEO of GSF Car Parts, said: “Our new NDC may be the flagship but in truth, it’s only part of a sustained programme of investment in GSF Car Parts that is already transforming all aspects of business operations. Our aim is to rapidly awaken the sleeping giant of the UK aftermarket." Read More here: https://lnkd.in/enDjV_Mp #gsf #distribution #automotive #aftermarket

During part 2️⃣ of his write-up, following January's visit to Car Spares Factors’ newest branch in Harrow, our editor, Tom Henman, heard about CSF’s plans, digitisation and whether competition keeps co-owner, Sanjiv Shah, awake at night. To recap, the acquisition of Saxons brought CSF’s family-run portfolio to seven. The stable now includes branches in North London, Hertfordshire, Essex and Middlesex. 🗣 When asked about CSF's next move, Sanj replied: “We’ve got a lot in the pipeline: our consumables catalogue has just been released. We have just launched a range of bodyshop consumables that are in stock at our Waltham Abbey and Park Royal depots and are accessible to all depots within a matter of hours through our inter-branch delivery service." On competition: "I block it out – and the reason I block it out is because this industry is about relationships, it’s about trust, it’s about loyalty, and a garage will only give a motor factor one chance. We’re thrilled with our relationships. "We’re concentrating on what we’re doing, focusing on what we do well. As long as we do that, we don’t have to worry about nationals or other independents – could I sit here and worry about it? Yes, but do I? No. There is too much business out there." #PMF #motorfactor #automotiveaftermarket #CSF

JLL - First Porsche AG dealership freehold investment for sale ever offered in Australia set to fuel investor demand In an unprecedented offering in Australia’s commercial real estate sector, PM Group is set to divest two of Melbourne’s most iconic car dealership freehold properties - Porsche Centre Brighton and Porsche Centre Doncaster. The properties are leased to Penske Australia a wholly owned subsidiary of global automotive giant and Fortune 500 company Penske Automotive Group (NYSE:PAG). JLL’s Stuart Taylor, Tom Noonan, Jarrod Herscu and MingXuan Li 李名轩 have been appointed to run the public Expressions of Interest campaign, with Advise Transact advising the vendor as transaction manager. Mark Wizel Managing Director of Advise Transact indicated, “These properties have been highly sought after for as long as I have had the enjoyment of representing the freehold owners. A recent sale of the business operations from our client to Penske Automotive Group has further strengthened the quality of the subject properties and their likely desirability to astute investors based both in Australia and abroad.” JLL Senior Director of Retail Investments Stuart Taylor remarked, “The assets represent an exciting opportunity, a first in Australia, for an investor to become the landlord of a Porsche dealership, a brand synonymous with prestige.” James Bergműller Chairman of PM Group who have held the properties starting with Brighton in 2009, commented “Both Brighton & Doncaster are truly exceptional properties, however we are not in the property investment business, we are in the automotive business, and since our interest in the dealerships have been divested, the property has become non-core.” said. JLL Retail Director Tom Noonan added, “These assets represent super-prime investments. On-market opportunities such as this rarely present themselves. The last high-calibre luxury dealership opportunity of this nature was in 2018 with the sale of BMW South Yarra for $45 million.” Read more on COMMO. https://lnkd.in/gdEWBE7g RETalk Asia Andrew Peck #jll #jllaus #porsche #retailrealestate #retailinvestment #melbre #melbournerealestate #realestateinvestment

UPCOMING OPPORTUNITIES– TWO FREEHOLD AUTOMOTIVE FREEHOLD INVESTMENTS Burgess Rawson is pleased to offer two outstanding automotive freehold investments to the market Devonport Toyota and Frankston Skoda. DEVONPORT TOYOTA: This outstanding asset features a ten (10) year net lease to 2030 plus options to 2050 to the Tony White Group, trading as 'Devonport Toyota' with the tenant paying all outgoings inclusive of single holding land tax. This is a multi-faceted operation with dominant Toyota dealership and Isuzu Ute Sales as well as VW authorised service centre. The dealership occupies an irreplaceable 5,038sqm CBD corner landholding and features a modern 1,863sqm building which incorporates showroom, service centre, offices and car yard. Toyota are Australia's and Tasmania's number one selling car brand and this dealership has had a presence in Devonport since 1969*, further enahncing this property as an outstanding long term, set and forget investment. Net Income: $449,661 pa* + GST This property is to be sold via Auction Tuesday 14 May 2024 at Crown Casino Melbourne. Sold in conjunction with Knight Frank Devonport. Nicholas Bond Clinton O'Keefe FRANKSTON SKODA: This asset features a Five year net lease to Frankston Skoda plus options through 2042, with fixed 3% annual increases and is situated in the premium automotive showroom precinct on an irreplaceable 6,693sqm corner landholding. The showroom has undertaken a recent extensive $1 million refurbishment. Skoda, a major European car brand have reported Australian car sales are up 23% year on year. Net Income: $367,023 pa* + GST This property is to be sold via Expressions of Interest closing on May 21 2024 at 3pm. Now is the time to enquire on two of the best automotive investments the market has seen in 2024. For further information, please do not hesitate to contact Jamie Perlinger, Beau Coulter, Rick Jacobson or Zomart He. Matthew Wright 📱 0458 290 588 📧 mwright@burgessrawson.com.au Both assets are to be sold separately* #toyota #skoda #commercialproperty #forsale #frankston #devonport

West Riding Hyundai has acquired Bolton Car Centre (BCC Bury), bringing its total of Hyundai showrooms to four, with existing sites in Bolton, Colne and Salford. https://ow.ly/IAMh50UPeMn #WestRidingGroup #BoltonCarCentre #HyundaiDealership

❗️❗️ACT FAST❗️❗️ Last batch of pre-current Vauxhall Movano vans must go! Over £10,000 +VAT off the list price🤯 🛻 Vauxhall Movano L4 H2 Prime 140ps Manual Van Purchase outright for £24,250 + VAT or Pay £319 + VAT per month plus a £5,000 + VAT deposit🔥 Need something else? We have plenty of options to suit, just call ☎️01656 47 00 55 or enquire online using the link below. https://lnkd.in/gvvQUjAZ We’re ⭐⭐⭐⭐⭐ rated on Google. #vanleasing #vanstock #businessvanleasing #lease #leasedeals #leaseoffer #leasing #vans #newvans #newvanleasing #hawkstonecommercials #driving #automotive #motoring #construction Finance examples based on a finance lease over 60 months and an annual mileage allowance of 10,000 followed by a balloon figure of £7,500. Business users only. All figures plus VAT unless otherwise stated. Hawkstone Commercials is a trading style of Hawkstone Farley Group Ltd, a company registered in England and Wales at The Old Fire Station, Pandy Park, Aberkenfig, Bridgend, CF32 9RE with Company Registration Number 13836301. Hawkstone Farley Group Ltd is authorised and regulated by the Financial Conduct Authority (FRN: 987531). We act as a credit broker not a lender. Terms and conditions apply.

Hilco Real Estate is proud to partner with Advance Auto Parts, Inc. to manage the disposition of over 200 leased & 24 owned real estate assets across 46 states. These assets include desirable retail locations & redevelopment parcels in densely populated urban areas & prime commercial corridors. The leases offer control of attractive properties with competitive rental rates & terms, while the owned assets, located in marquee metro areas across 14 states, present outstanding opportunities for buyers. This strategic initiative supports Advance Auto Parts' plan to optimize its physical footprint nationwide. For a complete list of properties and additional details, visit https://lnkd.in/gNifGJMW. #HRE #AdvanceAutoParts #HilcoRealEstate #RealEstatePortfolio