Romsey and Bridport sites of collapsed Southgate Motor Group reopened

Daily Echo: The former Southgate Group Mitsubishi Motors site in Romsey The former Southgate Group Mitsubishi Motors site in Romsey

Two of the former sites of a collapsed car dealer have been reopened under new owners.

Administrators of the Southgate Motor Group, which crashed in November, have negotiated the reopening of its Romsey and Bridport sites.

The £40m turnover group, which had seven Peugeot, Mitsubishi and Subaru franchises across Hampshire and Dorset, collapsed in November – another victim of the economic slowdown. More than 100 staff were made redundant.

Southgate’s former Romsey site, which sold Peugeot and Mitsubishi cars, has re-opened as a Peugeot dealership after the landlord agreed terms with Snows Motor Group, administrators Begbies Traynor said.

It preserves one of the oldest Peugeot dealerships in the UK, creating 25 jobs.

Julie Palmer, from Begbies Traynor, said: “This will be good news for the many Peugeot owners who have been in contact with the administrators.”

A spokesman for Snows said it had already taken on 12 ex-Southgate staff from across its various branches and may take on more.

Ms Palmer said the Bridport site had also re-opened as a Mitsubishi dealership after Motorwell Ltd agreed a new lease with the landlord and bought the assets on the site. Several of the former Southgate employees have been employed by Motorwell.

No new buyers had yet been found for Southgate’s other former dealerships in Southampton, Winchester, Andover, Poole, and Blandford.

The family-run group, which was founded in 1996, had been an “extremely well-run company”, according to the administrators, but fell victim to the slump in the car market.

Comments (3)

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2:05pm Tue 24 Jan 12

Huey says...

good news
good luck to the new owners and staff
good news good luck to the new owners and staff Huey

4:10pm Tue 24 Jan 12

Goldenwight says...

Huey wrote:
good news good luck to the new owners and staff
One can only hope that they have more luck than the previous tenants.
[quote][p][bold]Huey[/bold] wrote: good news good luck to the new owners and staff[/p][/quote]One can only hope that they have more luck than the previous tenants. Goldenwight

11:20am Thu 9 Feb 12

romsey1950 says...

As a former employee of Southgate and had worked there for several years.
I would like to say I hope all goes well for my my former workmates and the snows group does well in business.
Also I would like to thank the management of the Southgate group for all the good years we had.
And wish them well for the future.
As a former employee of Southgate and had worked there for several years. I would like to say I hope all goes well for my my former workmates and the snows group does well in business. Also I would like to thank the management of the Southgate group for all the good years we had. And wish them well for the future. romsey1950

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