Investment in purchasing adjoining land to enhance storage facilities at Manheim Auctions, Gloucester has resulted in the site almost doubling in size from 10 to 19 acres. The successful purchase of an adjoining plot of land followed protracted three year negotiations. The new land adjoins the south side of the existing site and has a railway track running down its western edge.
During this time other pieces of adjoining land have been bought and in 2006 an investment of nearly £2m was committed to redeveloping the site. This resulted in the building of a new customer car park, inspection building and valet bay.
James Davis, general manager, commercial vehicles, Manheim Remarketing said: “Strategic land purchases such as this are a one-off opportunity and highlight our commitment to developing our commercial vehicle operations in this logistically excellent location. This investment is crucial to guaranteeing the continued growth of our business and ensuring that our buyer and vendor customers continue to benefit from first class wholesale commercial vehicle services.”