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
    23/Sep/2020
  • Rent
    £135,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • SIG Roofing<br>Pedmore Road<br>Dudley<br>West Midlands<br>DY2 0RN
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

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.

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

FloorUseGross Internal Floor Areas
(Approx)
TenantTermRent p.a.xReversion
GroundWarehouse
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
£135,00007/03/2023
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 £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    02.09.20
    File Size
    3 MB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    516 KB
    View PDF
  • Common Auction conditions
    Updated Date
    01.07.20
    File Size
    277 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF
  • Money Laundering Regs
    Updated Date
    15.09.20
    File Size
    57 KB
    View PDF
  • Customer Due Dilligence Form
    Updated Date
    20.05.20
    File Size
    585 KB
    View PDF

Contacts

Acuitus
Peter MayoPeter Mayo +44 (0)20 7034 4864 +44 (0)7833 459318Peter.mayo@acuitus.co.uk
Billy StruthBilly Struth +44 (0)20 7034 4854billy.struth@acuitus.co.uk
Seller's Solicitors
Machins Solicitors LLP Victoria Street
Luton
Bedfordshire
LU1 2 BS
Jon Alvarez 01582 514 310jon.alvarez@machins.co.uk

Useful Links

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now