Peter Vardy looks set to open its first dealership in Dundee.
It is taking over the former Valentine’s site on Kingsway West, Dundee which has been vacant since the postcard company closed 20 years ago.
The site was marketed as Dundee Business Park and an office development has been fully let. Planning consent has also been given for a car showroom among other uses.
Euan Cameron, Peter Vardy’s head of marketing, told The Courier the company is working out the details of its investment.
It has 11 new and used car dealer showrooms throughout Scotland including Dalgety Bay, Kirkcaldy and Perth, specialising in BMW, Jaguar, Land Rover, Porsche, Mini, Vauxhall and commercial vans.
Peter Vardy’s arrival follows confirmation of a seven-figure investment in Dundee by the John Clark Motor Group which has taken over the Nissan franchise from Arnold Clark to add to its BMW, Audi and Mini franchises in the city.
Alison Henderson, chief executive of Dundee and Angus Chamber of Commerce, said: “This is good news and very positive to see another key motor brand coming in and developing a high-profile site in Dundee.