Track record

Disposal of Former Citroen dealership – St Mary’s Way, Stockport

Pendragon Plc

National Agency

Service

Automotive, Roadside & Future Fuels

Industry

The project

Former Citroen – St Mary’s Way, Stockport

Client: Pendragon Property Holdings

Service: Leasehold disposal

Our solution

Following an internal audit of future strategy, Pendragon elected to close this site and Rapleys were instructed to market it on a leasehold basis for existing use.

Following extensive interest we were able to secure favourable terms from HPL Motors to use the site as a used car supermarket.

We were able to minimise our client’s void period and secure a sub-tenant to the end of our client’s head lease.

Our track record

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