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News Release

Glasgow

Broxden land sold to develop new Perth Porsche Centre

New £4 million Porsche Centre is expected to create over 30 local jobs


PERTH, November 1, 2017 – A new Porsche Centre is to be built in Perth after full planning permission was granted by the local council, triggering the sale of land beside the Broxden Roundabout to Peter Vardy Ltd.

Land owners Perth & Kinross Council granted approval to Peter Vardy Ltd to purchase Plot 4 within Broxden Business Park.

It is expected that the new Porsche site will generate 29 direct jobs and a further four apprentice opportunities.

Porsche Centre Perth will become the brand's fourth site in Scotland, with existing Centres in Edinburgh, Glasgow and Aberdeen.

Five development sites in Broxden Business Park, located next to the A9 and M90, have been marketed by property consultants JLL, on behalf of Perth & Kinross Council.

Plot 3 has already been acquired by leading pub retailer and brewer Greene King who are on site developing a family pub restaurant under its Farmhouse Inns brand and a Costa drive through.

Plots 5 and 6a have been sold to John Dewar Lamberkine Trust for commercial office space.

All plots at Broxden Business Park are now sold with the exception of Plot 7, extending to 0.6 acres (0.24 Ha), which remains available.

Nina Stobie, Director at JLL in Scotland said: "Plans to build a high-end car centre on this site make very good commercial sense, particularly when taking into account the site's location. With virtually all of the major road routes passing through Perth, the site can be accessed by 90% of Scotland's population within approximately 90 minutes by car.

"Should the plans progress to completion, Porsche will join a good mix of tenants and owners in Broxden Business Park, and we look forward to seeing this diversify further over the coming years to the benefit of Scotland's newest city and its residents."

Councillor Colin Stewart, Convener of the Council's Environment, Enterprise and Infrastructure Committee, said: "The development by Peter Vardy Ltd and Porsche will deliver a significant and positive economic impact to the local area. With upwards of 30 jobs earmarked for the site, this is another step forward in securing full utilisation of the space at Broxden Business Park; and a further boost to the local area."