A supercar dealership is expanding into a prominent location on the outskirts of Chester with the help of a £6m capital injection from Energize Capital, Alphera Financial Services and management.

VR (Elite, Prestige, Supercars) was founded by Martin Rylands in Warrington in 2012 supported by entrepreneur Steve Hibbert. It has since grown to £14m turnover and a 13-strong team advising clients on the latest cars.

The new Chester site, which is located at Two Mills Garage in Ledsham, will stock up to 150 cars.

Jeremy Carr, chartered accountant and founder of Energize Capital, will now join the VR board.

Rylands said: "We are delighted to welcome Jeremy onto our board. The new Chester operation and investment will allow us to stock more cars providing our clients with an even better service."

Carr added: "I am looking forward to joining a young dynamic local company with such a highly driven management team who are keen to take advantage of Steve Hibbert's and my own experience to grow their business."

VR expects turnover to grow to £24m and headcount to increase to 25 in the next 12 months.

Hibbert said: "Martin Rylands has sold me many cars over the years and he always delivered excellent service. When he presented the business plan to me in 2012, I backed it immediately as the passion, flair and determination to succeed was evident their attention to detail and compliance procedures are first class.

"For me investment is simple, I back good people with a solid business plan, and the guys have exceeded their targets year on year which has attracted a key addition to the main board in Jeremy. We are looking forward to benefitting from the financial experience and connections that Jeremy will bring to the business.