Acting on behalf of retail motor group Hartwell plc, property consultants Alder King in Cardiff have let a purpose-built car showroom on Newport Retail Park to Wessex Garages for its fourth dealership in Wales.
The property on Seven Stiles Road has just opened as a Wessex Hyundai dealership, completing a market area for the Hyundai brand with representation in both Cardiff and the Newport/Cwmbran area. This compliments Wessex Garages’ existing Kia and Fiat operation which is on the adjacent site in Newport. Wessex has taken the premises on a new 10 year lease at an undisclosed rent.
The premises provide a total of 30,509 sq ft of space, with a main showroom and workshop in one building and additional workshop and warehouse space in another directly adjoining Wessex’s Kia and Fiat premises.
Owen Young, partner at Alder King, said: “These modern showroom premises offered a natural expansion opportunity for Wessex, providing first-class accommodation and useful economies of scale with its successful Kia and Fiat dealerships next door.”
The property is situated in a prominent position on Newport Retail Park which is home to over 20 national retail and leisure occupiers including Boots, Peacocks, Next, Tesco and M&S.
Wessex Garages is a privately owned company with outlets in Bristol, Cardiff, Gloucester and Newport. It specialises in new and used car sales across South Wales and the South West.