Car sales tycoon with £500m fortune WINS battle to build garage for 20 motors worth £3m – with lift and games room
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A CAR sales tycoon worth half a billion pounds has won a battle to build an extension for his 20 motors. Peter Waddell was given the green light to build the showroom at his £20million mansion for his fleet of swanky cars. Deep-pocketed Waddell, 58, resides at the eye-catching Holwood house in south-east London.
The pad comes coomplete with a swimming pool complex, two gyms, a cinema, music room and tennis court, all set in 50 acres of parkland. And the tycoon will have some extra space to accomodate his 20 supercars worth well over £3million. The multi-millionaire has lodged a string of planning applications since 2015.
Officials at the local council initially refused to grant permission to the homeowner, labelling it an "inappropriate" development on green belt land and a "disproportionate" addition to the property. But following an appeal to a government planning inspector, the plans have finally been approved.
Peter, who is deaf and dyslexic, left council care at 16 and after a year of living rough on the streets of Glasgow, moved to London aged 17. After starting his working life as a taxi driver, he went on to build Big Motoring World, Britain’s biggest second-hand car empire, selling 60,000 motors a year.
Today he is worth more than £500million after branching out into property and haulage. However, it hasn't always been glitz and glamour for Peter. “I haven’t spoken to my mother in probably 50 years.” Peter previously told The Sun. "I think my mother had a nervous breakdown.