Two car dealerships in Sheffield have been sold to a north east company for £2.4m.
Vertu Motors swooped on two sites belonging to Harratts of Wakefield – a Nissan and a Volvo dealership on neighbouring plots on Attercliffe Road.
The Gateshead company is the sixth largest car retailer in the UK and the acquisition brings its sales outlets to 106 – representing 19 car makers – and takes its Yorkshire outlets to 12.
Bristol Street Motors brand move into Sheffield for the first time as part of the deal, with the opening of Bristol Street Motors Nissan Sheffield. It will also add a second Volvo dealership to the Vertu Group, following the opening Volvo Cars Derby last year.
Robert Forrester, chief executive of Vertu Motors said: “We are delighted to announce the next step in our growth with both Nissan and Volvo. This is the first time the Bristol Street Motors brand has been represented in the major city of Sheffield.
“The new outlets will complement existing group businesses in the region in Barnsley, Doncaster and Chesterfield.”
Vertu now has nine Nissan outlets making the group one of Nissan’s largest UK franchise partners.