Sandicliffe expands East Midlands presence with purchase of £2.5m Lincoln motor complex

The sale of a Lincoln motor trade complex will see family-run Sandicliffe extend its East Midlands dealership footprint, complementing its existing locations in Nottinghamshire and Leicestershire.

While the final sale price achieved for the former Charles Warner 2.78 acre-site on Lincoln's Outer Circle Road remains undisclosed, agent Eddisons reports that it was inviting offers in the region of £2.5 million for the whole complex, including the comprehensive set of integral automotive sales and servicing buildings, offices and ancillary properties, totalling 43,210 sq ft.

According to Will Wall, director at Eddisons, who led the deal, the location sees the dealership set up in a prime position. “This is the location in which to be in Lincoln in terms of the commercial and domestic motor sales and wider automotive trade for the city and the wider area.

“Not only because it is where the full range of mainstream marques are represented - making it an established, high profile, one-stop style location for vehicle buyers and owners - but also as it’s a business district of the city which will see significant benefits through access to a wider regional reach with upgrade of the Lincoln Eastern bypass.”

Tom Barton, director of Sandicliffe, added: “The site also allows the continuation of the MG brand in Lincolnshire. Additionally, exciting brands, such as the commercial vehicle marque Maxus, will be added to the site over the coming months. Once the refurbishment works are complete, then any surplus space within the site may be available to let on a short-term basis.”