Jaguar and LandRover York, UK
A look at how the Industrial Property Investment Fund (IPIF) worked with JLL to create a new dealership for Jaguar Land Rover
Spotlight
New dealership for iconic UK brand
Project management
Size
5600 sq.m.
Value
£6m
Demolishing an existing unoccupied 5600 sq.m. space and investing in a new state of the art car dealership for Jaguar Land Rover.
IPIF required advice and expertise when investing in a multi million-pound scheme, to redevelop an under-utilised site into a state of the art Jaguar Land Rover car showroom, which could be leased out to an established tenant.
Our project management services team were instructed by IPIF to act as Development Monitoring Surveyor for the construction of the showroom.
The client wanted to maximise the utilisation of the 5600 sq.m. space and formed an agreement for lease with Inchape to operate a Jaguar Land Rover Dealership. Inchape agreed to act as developer and then take a long lease on completion.
It was vital that the showroom was built to Jaguar Land Rover specification including all external areas and landscaping, the team worked alongside the developer providing progress reports, attending meetings, site inspections and delivering development updates to ensure the project was built to the highest standard.
By working together with IPIF we ensured that any construction or budget issues were resolved quickly and efficiently, keeping our client informed throughout the process. The project was successfully delivered and IPIF achieved their ambition to successfully deliver a state of the art showroom to standard and the client agreed a long lease with Inchape as a result.
