Vospers invests £12m in Exeter multi-franchise dealership

Vospers is investing £12m in a new multi-franchise site in Matford, Exeter to open in late 2018.

The site will have a FordStore, showrooms for Ford, Mazda, Fiat, Jeep, and Alfa Romeo and a 28-bay workshop.

There will also be four larger car and van bays for while u wait servicing, where two technicians will carry out a standard service in under an hour.

The largest part of the site will be a two storey FordStore, showcasing Ford Mustang, RS and Vignale brands.

There will also be a dedicated Transit Centre and Business Centre, catering for business and retail customers in a relaxed and friendly environment.

The site, a consolidation of three existing businesses in Exeter, also includes a used car centre with an all-makes display of 250 vehicles.

The development is due for completion in October, with new showroom launches taking place from November

Vospers’ long-term banking partner Lloyds Commercial providing funding for the development.

Vospers, representing 11 franchises and employing 700 staff, is rated 62 in the Motor Trader Top 200 with annual turnover of £234.3m.

Vospers managing director Nick Vosper, said: “The new site at Matford in Marsh Barton represents a substantial investment for our company.”