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    Withdrawn Prior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
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

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
  • Status Withdrawn Prior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

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

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 £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

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
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Seller's Solicitors
Machins Solicitors LLP Victoria Street
Luton
Bedfordshire
LU1 2 BS
Jon Alvarez 01582 514 310jon.alvarez@machins.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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