FMG Repair Services has successfully acquired a new 27,000 sq ft workshop space in Oldham. This deal marks another milestone in the company’s expansion strategy.
Brokered by Naylors Gavin Black, a commercial property consultancy, this acquisition highlights the ongoing growth of FMG Repair Services in the automotive repair industry.
New Workshop Space in Oldham
FMG Repair Services has secured a 27,000 sq ft workshop in Oldham. This deal was facilitated by Naylors Gavin Black, a commercial property consultancy. This marks another significant expansion for the national automotive repair group.
The workshop is part of a new development near the M60 and M62 motorways. Chancerygate, the developer, has created eight units at this site. The new workshop will enhance FMG Repair Services’ capacity to address accident repairs in a high-demand area.
Role of Naylors Gavin Black
Naylors Gavin Black played a crucial role in this deal. They joined forces with FMG Repair Services in 2023 to support property expansion. Their expertise covers property acquisitions, disposals, and ad hoc property advice.
Keith Stewart, a partner at Naylors, highlighted the diverse property portfolio of FMG Repair Services. ‘Zigup’s team have a very diverse property portfolio and we’re managing small, medium and large relocations and expansions,’ he noted.
Strategic Location
The new workshop is strategically placed in Chadderton, near the M60 and M62. This location was chosen to meet high regional demand for accident repairs.
The site features state-of-the-art facilities to ensure top-notch repair services. This will be the 65th FMG Repair Services bodyshop in the UK.
Zigup’s Property Portfolio
Zigup, formerly known as Redde Northgate, has an expanding property portfolio. The company operates 152 properties nationwide.
Naylors is pivotal in supporting Zigup’s rapid growth. They have successfully facilitated several property deals, including a yard lease in Portsmouth for Northgate Vehicle Hire.
Future Developments
There are more property acquisitions in progress. Naylors is actively managing several ongoing deals across England. Each acquisition is at a different stage of completion.
These future developments will further bolster FMG Repair Services’ operational capacity. The company is poised for continued growth.
Impact on Local Economy
The new workshop is expected to have a positive impact on the local economy. It will create jobs and provide essential repair services to the community.
Local businesses may also benefit from increased demand for related services. This development underscores the region’s growing importance in the automotive repair sector.
Conclusion
FMG Repair Services’ new workshop in Oldham represents a significant milestone in the company’s expansion. Facilitated by Naylors Gavin Black, this strategic location will enhance their capacity to meet high demand. The deal reflects broader growth trends in the automotive repair industry.
In summary, FMG Repair Services’ new workshop in Oldham signifies a vital step in their growth. The location will address high demand, facilitated by Naylors Gavin Black. This move further cements the company’s and the region’s standing in the automotive repair industry.
