Regency acquires Arnold Clark website in £2.6m funding

Charles Milne’s Regency group has acquired the previous Arnold Clark dealership in Elgin in a £2.6 million funding deal that features a full refurbishment and rebrand as a flagship MG dealership.

Positioned at Linkwood Place, the dealership – previously house to Arnold Clark’s Renault and Dacia showroom – sits prominently alongside the A96 and features a reception, workplace house, employees and buyer amenities, a five-bay workshop, and valet bays.

The positioning can be remodeled right into a MG dealership, with house for as much as 80 high quality used autos, as Milne continues to develop his presence within the north of Scotland’s motor retail sector.

Charles Milne’s Regency group has acquired the previous Arnold Clark dealership in Elgin in a £2.6 million funding deal that features a full refurbishment and rebrand as a flagship MG dealership.

“This acquisition demonstrates my continued dedication and funding within the native motor commerce,” Milne, managing director of Regency, instructed The Press & Journal. “I’m proud to be increasing our footprint with the acquisition of our sixth motor commerce website.”

The funding consists of each the acquisition and a full redevelopment of the power, which is able to function underneath the Regency Elgin title. The enlargement is a part of a broader development technique, which incorporates the event of a brand new purpose-built showroom adjoining to the present Regency Elgin website.

Milne, who started his profession as a professional motorcar engineer, based Regency Automobile Gross sales in 1993. Since then, he has constructed a portfolio of dealerships together with Regency Buckie and Moravian Motors.