SIG Roofing Pedmore Road Dudley West Midlands DY2 0RN

SIG Roofing
Pedmore Road
Dudley
West Midlands
DY2 0RN

Prominent Roadside Freehold Builders Merchant Investment Opportunity on 3.9 Acres

Prominent Roadside Location on A4036
Let to SIG trading Limited
Site area 3.9 Acres with 30% site coverage
Comprises 50,436 sq ft Warehouse & Office Accommodation
Nearby occupiers include Jewson, Travis Perkins, Screwfix and SSE Pipefittings

Lot
7
Auction
23rd September 2020
Rent
£135,000 per Annum Exclusive
Status
Withdrawn Prior
Price
Auction Venue
Live Streamed Auction

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Prominent Roadside Freehold Builders Merchant Investment Opportunity on 3.9 Acres

Prominent Roadside Location on A4036
Let to SIG trading Limited
Site area 3.9 Acres with 30% site coverage
Comprises 50,436 sq ft Warehouse & Office Accommodation
Nearby occupiers include Jewson, Travis Perkins, Screwfix and SSE Pipefittings

Lot 7
Auction 23rd September 2020
Rent £135,000 per Annum Exclusive
Status Withdrawn Prior
Price
Sector
Industrial, Warehouse
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 3 miles north of Stourbridge; 7 miles south of Wolverhampton; 13 miles west of Central Birmingham
Roads: A4036 (Merry Hill), A458, M5
Rail: Cradley Heath
Air: Birmingham International Airport

Situation

Dudley is a large industrialised market town and the administrative centre of the West Midlands, approximately 13 miles west of central Birmingham. The property is located in a prominent position on the east side of the busy A4036 opposite its junction with The Gateway, in a predominantly industrial area. The M5 motorway is 5 miles to the east. Nearby occupiers include Jewson, Travis Perkins, Screwfix and SSE Pipefittings amongst others.

Tenure

Freehold.

Location

Miles: 3 miles north of Stourbridge; 7 miles south of Wolverhampton; 13 miles west of Central Birmingham
Roads: A4036 (Merry Hill), A458, M5
Rail: Cradley Heath
Air: Birmingham International Airport

Situation

Tenure

Freehold.

Description

The property comprises a large ground floor warehouse, together with office accommodation as well as a secondary, smaller warehouse on a site of 3.9 acres.

VAT

VAT is applicable to this lot.

EPC

Band C. See legal pack at www.acuitus.co.uk

Description

The property comprises a large ground floor warehouse, together with office accommodation as well as a secondary, smaller warehouse on a site of 3.9 acres.

VAT

VAT is applicable to this lot.

EPC

Band C. See legal pack at www.acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Gross Internal Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Reversion
Ground	Warehouse Office Warehouse 2	3,884 sq m 281 sq m 520 sq m	(41,812 sq ft) (3,030 sq ft) (5,592 sq ft))	SIG TRADING LIMITED (1)	12 years from 08/03/2011 expiring 07/03/2023 on a full repairing and insuring lease subject to a schedule of condition	£135,000	07/03/2023
Total		4,685.49 sq m	(50,436 sq ft)			£135,000

(1) For the year ending 31st December 2018, SIG Trading Limited reported a turnover of 1,112,000,000, pre-tax profits of 2,000,000 and shareholders funds of 260,000,000 (source: SmartSearch 06/08/2020).SIG trades from 425 trading sites across the UK and Ireland and Mainland Europe. (Source: www.sigplc.com)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.