Contract hire and leasing broker Rivervale is to open a leasing and contract hire showroom next to its existing motor dealerships.

The Brighton-based firm holds franchises for Mazda and MG alongside its leasing operation, which will move into the dedicated facility in October.

The three storey building will also incorporate a car service centre for both cars and light commercial vehicles, a showroom, and a used vehicle operation.

Head of leasing Vince Pemberton said: "We have been working on this concept since 2013 and believe that it will be the first such facility in the country. For the first time we will be able to deal with all the needs of our customers – from taking their existing vehicles in part exchange, supplying them with any make or model though leasing as well as the ability to service and MOT. This is truly a one stop shop."

Group managing director Neil Chapman said, “We are delighted with the new building which will significantly enhance the existing Trading Estate. It is also great to see the Group expanding at this time and bringing more employment to the city. The new building will accommodate over 30 people working in sales, aftersales and administrative roles”

Pemberton added: “Since joining Rivervale in 2009 the business has seen significant growth year on year. This reflects the current trend in the industry with more drivers turning to leasing to fund their vehicle needs. It is clear that people are beginning to approach vehicles in the same way they do their mobile phones."