Trade Centre UK/Part of the MTR Bailey Trading Ltd, also trades as The Trade Centre Wales in the South wales regions, it is set to open Europe’s largest used car showroom in Coventry as part of growth plans outside its home ground.
The Trade Centre UK shortly opens its £13 million used car outlet that will accommodate 1,000 cars with 400 housed indoor in the former premises of Leekes furniture store A444 Coventry
The Coventry dealership will be Trade Centre UK’s second retail offering and will employ around 140 members of staff from the local area.
Headquartered in Neath, The Trade Centre Wales also operates from retail outlets in Merthyr Tydfil and Cardiff North, the group opened its first Midlands retail outlet - Trade Centre UK site at Wednesbury, in April 2017
Andy Coulthurst, CEO of The Trade Centre Wales, said: “As a proud Welsh business, we’re so pleased to be able to expand into the rest of the UK on such a large scale.
“Our continued success in Wales has allowed us to take the leap and along with expansion plans, we’re committed to maintaining the same level of service and value our customers expect across the group.
“The rapid growth we’ve experienced in such a short space of time is down to the hard work and commitment of the team and we’re thrilled to open Europe’s largest ever used car showroom.
“We’re a recognised name in Wales, having been established here for almost 20 years but as we expand into new territories we’re investing in increasing our brand awareness to make sure we’re as well regarded in England as we are in Wales, working hard to establish a UK brand.
“After our success in Wednesbury where the 12-acre store sold more than 300 cars a week since launch, Coventry was a clear choice to expand our footprint in the region, which will naturally deliver efficiencies for the business”.
Compared to 2015 the business will more than treble its revenue from £70m to £250m.
Andy continued: “As we move into new regions outside of Wales we want to ensure our values remain. Similar to the sites in Wales, we’ll continue to engage in community projects such as grassroots sports teams and local initiatives.”