Richmond Hyundai speeds ahead with growth plans 27 March 2015 Share Business confidence is increasing in the Motor Retail trade. Portsmouth based Richmond Hyundai has expanded its dealer network from two dealerships to three with the acquisition of premises in the Slyfield Motor Park in Guildford. The new Guildford Hyundai dealership complements the established dealerships in Portsmouth and Southampton.Whilst most other motor retail companies saw little growth during the economic recession, Richmond Hyundai bucked the trend by opening the Southampton dealership in 2009 and more recently the Guildford dealership last year. The sound management style of Managing Director Michael Nobes and well built, economically priced vehicles from Hyundai proving to be a successful combination.Motor Trade specialist and partner of Moore (South) Southampton office, Stuart Datlen has been advising Richmond Hyundai since its incorporation in 1995. As well as delivering the usual compliance services, Stuart has assisted the company with its expansion plans and property acquisitions, providing strategic planning and business advice.Stuart's industry expertise and connections in the banking, legal and property sectors greatly assisted Richmond Hyundai in obtaining preferred bidder status from Hyundai Motors (UK) Limited and in raising the £1.9 million for the acquisition and redevelopment of the Guildford property. The close working relationship between Moore (South) LLP and Richmond Hyundai meant the latest property deal was completed well within the client's and manufacturer's timescales.If you're in the motor trade and are looking to realise your expansion plans, or need some general advice from someone who understands your industry, contact Stuart Datlen for a complimentary, no obligation meeting on 02380 821526 or email [email protected]