News - 30/06/2020

Assets of Northgate Garage Limited put up for auction

Over 170 lots from the Northgate Garage (Canterbury) Ltd (in Administration), the well-known and long established Fiat and Alfa Romeo dealership in Canterbury, are being offered for sale by the national asset and property consultancy Lambert Smith Hampton (LSH).

Find out more
Over 170 lots from the Northgate Garage (Canterbury) Ltd (in Administration), the well-known and long established Fiat and Alfa Romeo dealership in Canterbury, are being offered for sale by the national asset and property consultancy Lambert Smith Hampton (LSH).

The business was founded in 1968 by Peter Hinkins and has now closed its doors as a result of the lockdown following the Covid-19 crisis in March and Peter’s subsequent decision to retire. An online auction of the used car stock, showroom and garage equipment plus the spare parts stock for Fiat, Alfa Romeo, Jeep and Saab are offered for sale.

The LSH online auction will close on 8th July. Find out more here.

Vince Green and Mark Newman from the business advisory firm Crowe in Maidstone are the Joint Administrators of the Northgate Garage (Canterbury) Ltd.

Chris Buller, Director of Machinery & Business Assets at LSH, commented:

“Northgate Garage is one of a number of automotive sector businesses we have been instructed upon recently, following the Covid-19 lockdown which have been forced to close, just after they bought in new vehicles for the 20 plate launch, usually one of their busiest sales periods.”

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