Rockingham invests further £12m to create ‘world-class’ defleet facility
Rockingham Group is pressing on with phase two of multi-million-pound plans to create a leading-edge remarketing facility at its Automotive Logistics Hub in Northants.
The plans for the former raceway to switch from motorsport to automotive logistics were revealed two years ago and follow its acquisition by Rockingham Automotive LLP (RAL).
Work has already commenced on a new, purpose-built facility, backed by latest investment of more than £12m. The site, due for completion in March 2021, will provide 50,000 square ft of vehicle processing space and a capacity to process over 50,000 vehicles a year. It will be exclusively used by Groupe CAT.
Rockingham also has secured planning consent for 1.3m square feet of large-scale distribution warehousing, with easy access to the UK’s major road arteries.
Phase one of the work has already seen Rockingham Automotive Logistics Hub complete refurbishment of its onsite facilities, including an executive lounge and cafe, gym, offices, meeting rooms, rest rooms and upgraded offices for the site management team.
Stuart Wright, principal of Rockingham Group, commented: “Our ongoing investment in the 250-acre facility is part of our overall strategy to create the UK’s leading independent automotive logistics centre with vehicle storage capacity along with large scale PDI and de-fleet vehicle processing facilities.
“Our customers are on course to handle PDI and de-fleet contracts in excess of 150,000 vehicles over the next 12-18 months. We have secured major automotive firms including GEFCO, Groupe CAT, IT Fleet and City Auction Group at Rockingham and have capacity to house more operators.
“We have the flexibility to build bespoke de-fleet and remarketing facilities, regardless of how large or technical the requirements. There is easy access for arrivals, hard surface roads, storage areas and space to create dedicated inspection, repair, and cleaning facilities.”