Automotive specialists at Colliers International in Bristol have helped broker a number of deals at Bristol’s competing motor showroom sites.
A flurry of recent deals has seen the major motor manufacturers jostling for the best positions at Pioneer Park in the south of the city and Cribbs Causeway on the northern outskirts.
William Jolly, Director of Colliers International’s specialist Automotive and Roadside team said: “These two locations have become THE place for manufacturers to display their wares. There has certainly been a great deal of activity in the sector as manufacturers continue to demand the best possible sites.”
Heritage Automotive has taken the former Renault showroom on Whitby Road, Pioneer Park for VW Commercial vehicles whilst Colliers re-let the adjacent Audi building to the Sytner Group as a Land Rover showroom.
In the meantime, Audi has re-located to Cribbs Causeway, where the Automotive Team has also been trying to track down a new base for another manufacturer.
Back in the centre of town, another manufacturer is looking to relocate existing facility to the A4 Bath Road in a bid to increase market penetration whilst Colliers are offering the former VW Commercial Vehicles showroom on Albert Road which is attracting strong interest.
William Jolly said the movements signalled increased confidence in the sector.
“We are seeing people return to the market to expand their network in the West. A number of operators are on the expansion trail at a time when they are not coming up against as much competition for sites from the residential and retail sector.
“We have active requirements from manufacturers and dealer operators in Yeovil, Torquay, Paignton, Plymouth, Swindon and of course Bristol. It seems that operators and vendors alike have accepted that the current market is the “new norm” and decided to get on with business.”
Colliers International’s specialist Automotive & Roadside team are recognised as one of the leading property advisers to the UK automotive industry with offices across Europe, the Middle East and Africa.
