We bought this Wellington Road site and then managed to get the high-profile Tesla company to let this property. We have also sourced other properties with Tesla, and have a close working relationship with them.
The property comprises a purpose-built car dealership facility with a showroom building to the front of the site, together with
a larger self-contained workshop building to the rear. The tenant has invested heavily in the refurbishment and fitting out of the property. Internally, the showroom provides display for three vehicles (it previously had capacity for seven display vehicles prior to refurbishment), and benefits from full height glazing to the front and sides. Ancillary offices are provided on both ground and first floors.
The rear building has been redesigned and refurbished to accommodate a workshop with seven vehicle service bays (it previously had nine), storage accommodation and a rear valet area. Both buildings have undergone extensive fit out works by Tesla in accordance with its corporate branding. To the front of the site there is generous vehicular display provision for approximately 32 vehicles. There is additional parking to the rear, including a secure parking area.
GDV – £3,000,000