AM Online

Cameron Motor Group re-starts stalled £2 million Volvo dealership redevelopment

Cameron Motor Group's Strathmore Volvo dealership

Cameron Motor Group is preparing to bring the full Volvo Retail Experience (VRE) to Perth with a £2 million redevelopment of its Strathmore dealership.

The Perth-based retail group, which also counts Volkswagen and Audi among its manufacturer partners, will start work on the Arran Road facility next months, according to local newspaper, The Courier.

The project has been on hold since original contractor McGill went into administration at the end of February, it reported, adding that Marshall Construction Ltd had now been recruited to continue the work, which is due to be completed in the autumn.

Work on Strathmore Volvo had started last summer and group director, Jamie Cameron, told the Courier that the facility had been “completely stripped out” when McGill went bust and the project ground to a temporary halt.

Cameron added: “McGill going under has added about six months on to the job as there’s been a four-month delay before we can get going again.”

Cameron’s most recent development completes a five-year plan to upgrade its three Perth showrooms.

Five years ago it rebuilt Volkswagen at a cost of £2m and last year it completed a £1.75m investment at Perth Audi.

The third-generation of the family firm now employs more than 160.

Cameron told The Courier that the group was “a good size at the moment”, but added that it was positioned to react quickly if the market changes.

In its full accounts to the year ended May 31, 2018, Cameron Motors Group achieved a turnover of £23.3 million and profit before tax of £467,293.

At the time, the group reported current assets of £2.9m, up from £2.6m a year earlier.

Click here for manufacturer best practice and procurement insight

If you are not a registered user your comment will go to AM for approval before publishing. To avoid this requirement please login.

Comment as guest


Login  /  Register

Comments

No comments have been made yet.