Major UK car seller to shut down within days – more than 50 years in business

Major UK car seller to shut down within days – more than 50 years in businessLondon-based car dealership Cargiant will close for good on April 24 after its owners were unable to find a buyer for the business, which was once massively profitableCommentsNewsEthan Blackshaw Deputy Publishing Lead and Toby Codd19:52, 14 Apr 2026View 2 ImagesCargiant is set to close down later this month (stock)(Image: Artur Debat via Getty Images)A British car dealership is set to close within days - it was once the UK's most profitable business selling second-hand motors.‌London-based Cargiant will close its site in the capital for good on April 24 after its owners were unable to find a buyer. The company previously had more than 2,000 cars available and was among Britain's busiest used car supermarkets.‌The site covers roughly 50 acres and is estimated to be worth around £100m. It sits adjacent to a planned HS2 interchange that will link HS2, the Elizabeth Line, overground and other transport connections.‌Cargiant has encountered difficulties in recent years, with directors being compelled to attempt to sell the business and land. The closure follows Cargiant's owners' failure to "secure a viable future for the business".View 2 ImagesCargiant will shut for good on April 24(Image: Google Maps Street View)READ MORE: Major UK fashion brand closing website with 90% sale – loved by Kate MiddletonREAD MORE: Major UK pet shop enters administration – it has provided for animals since 1999In 2025, the firm recorded a £121.2m pre-tax profit following a revaluation of the land. This followed a pre-tax loss of £22.4m in 2023, reports the Express.‌In a statement to Car Dealer, a spokesperson said: "It is with great sadness that we announce the closure of Cargiant's retail operations. This decision follows an extensive consultation process with our team, during which we carefully explored all potential options to secure a viable future for the business."...