info@automotiveassets.co.uk 0207 499 7424

When is the right time for YOU to change?

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Knowing the changes in UK motor retail, you may be thinking of making a change and maximising the value of your main asset – your property. But how do you make such a life-changing decision and when is the right time to do it? What factors do you need to consider and when should you start planning? Above all, who can help? Automotive Assets can. We have the experience, in-depth knowledge, contact base and an enthusiastic team to assist you while you continue to run your business – which, as we all know, is more than a full-time position!

During the life of your business, you'll probably face one or more of these challenges: • Relocation • Manufacturer changing dealership facility requirements • Regulatory changes • Change in manufacturer • Presence required in adjacent territory • Loss of franchise • No succession plan • Interest from acquisitive purchaser – trade/non-trade, welcome or unwelcome These factors can create conflicts between key stakeholders: • Directors & employees • Shareholders • Funders • Customer & supplier base • Local council • Manufacturers • Local community>

To deal with the above requires diplomacy, confidentiality and sensitivity – skills in which Automative Assets has tremendous expertise. The motor retail sector is also now subject to additional pressures: • Average new car sales in Europe per main dealer fell by 10% between 2004 and 2014 • Main dealer sales outlets for 30 long-standing marques fell by 14% in the same period

Factors influencing this are: • The global recession • Reduced price points • Changes in buying behaviour • The growth of Internet car searches

Car dealerships play an important part in arranging test drives, but it's predicted that dealer networks could be cut by more than 25% by the year 2020. Many manufacturers are reshaping dealer networks with fewer but larger sites and small ‘satellite' branches in shopping centres – meaning surplus properties on the market. Because of these factors, it's crucial you act to enhance and protect the value of your main asset by talking to Automotive Assets. We act for automotive retailers of all sizes, be they one or two-site family concerns to medium and large groups, whether the objective is to expand one’s property portfolio, sell a site for continuing use to another automotive retailer or sell to a non-automotive buyer for alternative use. Our focus is ensuring you get the best possible deal. Acting for property owners, investors and land buyers, we handle portfolio reviews, valuations, the creation of property joint ventures and partnerships, and outright disposal. We also interface with solicitors, accountants, management consultants, valuers, agents and banks. Integrity, confidentiality, discretion and imagination are key pillars of our approach. You will notice that we never directly mention the names of businesses for whom we have acted. We work via non-disclosure agreements – a badge of our discretion.

Our team is led by David Manchester: a successful motor retail MD and entrepreneur in automotive and property sectors, delivering the tenacity and energy with which he led a major multi-site retail group. So, if you're thinking of exiting the marketplace, selling your property for continuing or alternative use or looking for a new acquisition, contact Automotive Assets today.

Book a Consultation Request a Callback Track record/case history

Automotive Assets Ltd 43 - 45 Portman Square London W1H 6HN info@automotiveassets.co.uk 0207 499 7424