Car retail giant's £100k revamp of Leicester showroom
A car showroom left empty after a dealership relocated will now sell used cars following a £100,000 revamp.
The former Audi site in Blackbird Road, Leicester, has been turned into a branch of Sytner Select.
The move, which has created 15 jobs, gives car retail giant Sytner its sixth site under the Sytner Select brand.
The brand, which already operates in Birmingham, Bristol, Huddersfield, Oxford and Wakefield, was set up in 2011.
Paresh Patel, the Leicester site manager, said: "These are quality used cars that have been generated as part exchange deals within the group.
"We sell all makes of cars and we go through a comprehensive check before we decide we want to retail a car. This is an exciting move for us."
Buoyant sales in the used car market has led to the expansion, said Mr Patel.
The Audi dealership relocated to a new £10 million showroom in Narborough Road South, Leicester, last year.
It employs 70 staff, compared to the 55 at its previous site.
Sytner revealed last month the group had exceeded £3 billion in annual sales for the first time in its history.
The 45-year-old group, based in Grove Park, Enderby, made a pre-tax profit of £66 million last year, up a third on 2011.
Bosses put the success down to buoyant sales of prestige marques such as Audi, BMW, Mercedes and Porsche. Sytner, which saw sales rise by more than 15 per cent in the year to December 31, said trading in upmarket cars exceeded the 5.3 per cent rise in total new car sales last year.
In total, the company has 140 franchises, and a stable of brands including Bentley, Rolls-Royce, Lamborghini and Masserati.
The group employs 6,000 people at more than 120 dealerships in Britain and Northern Ireland. It has 400 staff in Leicestershire, who are spread between the six county dealerships, and 80-strong head office at Grove Park.
Sytner started out as a Nottingham used car business in 1968, set up by two-time British Touring Car Championship winner Frank Sytner and his brother Alan. Today, the business is owned by Roger Penske, a former US race car driver.