Well-known Lynn used car retailer Stebbings is expecting up to 30 new jobs may be created at the five-acre site it has bought on the Hardwick.
As reported in the Lynn News in February, businessman Anthony Skerry, director of Stebbings, plans to develop the site which included Berol House, the home of Berol pen manufacturers Sanford UK.
The purchase was made after receiving a funding package from Clydesdale Bank. The family-owned firm has yet to confirm how it will use the land, but expects building work to start this year on its car superstore.
The new site, which is close to a number of new car franchises and Sainsbury’s, will operate in addition to the company’s existing car supermarket and workshop at Hardwick Narrows Industrial Estate.
Founded over 40 years ago, Stebbings is one of the biggest independent used car supermarkets in East Anglia. The business began as a father-and-son partnership trading in used cars from a garage forecourt in Grimston.
It moved to its current site in Lynn in the early 1990s where it now operates a used car superstore with more than 500 vehicles in stock, and a workshop offering aftersales including services, MoTs and repairs.
The expansion plans are the latest in a series of growth initiatives undertaken by Stebbings in recent years. Last year the firm, which employs 52 staff and has a turnover of about £25 million, purchased from its own funds an industrial unit with 3000m2 workshop space adjacent to its premises.
It has now transferred its workshop facilities to the neighbouring site and aims to convert the former workshop area into a customer sales building.
Richard Brown, managing director of Stebbings, said: “A healthy rise in new car sales across the UK has provided an opportunity to expand our business.
“One of the benefits of our long relationship with Clydesdale Bank’s team is that they understand our business and have been able to adapt to the ever-changing marketplace.”