Investment boost for Leicester as TMS reveals expansion plans

Property developer HBD has submitted planning for a new 34,000 sq. ft. car dealership at its Melton Road site in a jobs and investment boost for Leicester.

HBD is progressing the plans after agreeing terms with TMS Motor Group – a circa £10million deal that represents the largest investment made by TMS to date and will see the creation of 20 new jobs.

TMS Motor Group is family owned and run, operating from five centres across Coventry, Hinckley and Leicester. This latest addition will be its sixth centre, further expanding its reach across the Midlands.
The new proposed dealership will offer both Volvo and Kia vehicles, alongside a service centre.

Josh Spicer, Development Surveyor at HBD, said: “We’re pleased to be working with TMS to deliver a new dealership for Leicester – it’s positive to see investment being ploughed into the city, driving up confidence and creating new jobs. Melton Road is very well-located, providing straightforward access for both TMS and its customers, and I’ve no doubt it will prove a successful addition to the Group.”

Len Hallows, Managing Director of TMS Motor Group, said: “This development represents the largest investment made by TMS to date – it will combine both Volvo and Kia on one site and provide customers with a modern retail facility with plenty of car parking, along with electric charging points.

“The proposed new site will also provide opportunities for new employment across our business, including apprenticeships. It’s a fantastic location close to the outer ring road, coupled with new facilities that will create a relaxed, comfortable environment for customers, with flexible waiting, working and assessment areas that will be designed and built sustainably.”

The project is led by HBD’s Birmingham office; one of seven across key UK cities. One of the country’s most active developers, HBD continues to grow both its development and investment portfolios, focusing on schemes across the industrial and logistics, residential and urban regeneration sectors.