Motor Auction Group (MAG) has purchased a five-acre site in Goole, Yorkshire which it plans to turn into a new dedicated LCV auction centre.
The centre, which will see an investment by the Group of £5m, is scheduled to open in quarter one of 2025.
The Yorkshire site is located half a mile from junction 36 of the M62 motorway, and just a few miles from both the M18 and A1M. The facility already has a large office building and refurbishment facilities in place plus a bank of electric vehicle chargers and hard standing to accommodate more than 600 LCVs.
MAG is currently drawing up plans to build a dedicated auction hall and a vehicle inspection facility which the company says will make the site one of the most modern purpose-built LCV physical auction facilities in the country.
Initially the new Goole site will run one physical LCV auction each week, growing to two sales as volume increases. The site will be capable of selling more than 12,000 LCVs each year (based on two weekly sales) and will offer a full range of pre and post-auction services to vendors and buyers.
The new physical sales will be in addition to the twice-weekly timed LCV auctions MAG hosts at its Corby digital ‘centre of excellence.’MAG is seeking to increase its auction footprint after its weekly LCV sale outgrew its existing Bawtry site. The Goole expansion will also free up space at the company’s 10-acre Rotherham HQ, to extend its current dealer, fleet and finance sales programme.
Bawtry will continue to host MAG’s specialist auctions, such as the successful Arnold Clark ‘Centre for a day’ sales which were held in 2024.
Commenting on the acquisition, MAG director Matt Gill said that in the last 18 months the company has seen a significant increase in volume in its LCV auction programme; “We are proud to announce this substantial investment to further support our national and regional LCV customers”.
Gill added; “The Goole site provides us with the space we need to continue to grow and its proximity to three major motorways puts it within easy reach for our vendors and buyers. It will be one of the most modern facilities of its kind in the country, and we very much look forward to welcoming existing and new customers when it opens at the end of Q1″.
