100 Tyburn Rd
Birmingham
West Midlands
B24 8LD

Prominent Freehold Builders Merchant/Industrial Investment close to the M6, with Development Potential (1)

  • Prominent Freehold Builders Merchant/Industrial Investment
  • Located on the busy Tyburn Road (A38)
  • Over 9,000 sq ft on a site of 0.9 acres with site coverage of 30%
  • Close to M6 motorway and 3 miles north of Birmingham City Centre
  • VAT-free investment
  • Lot
    36
  • Auction
    23/Sep/2020
  • Rent
    £55,000 per Annum Exclusive
  • Status
    Withdrawn Prior
  • Price*
     
  • Sector
    Industrial/Warehouse
  • Auction Venue
    Live Streamed Auction
Important Auction & Property Update
  • 100 Tyburn Rd<br>Birmingham<br>West Midlands<br>B24 8LD
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* More information on the term "price" can be found here

Property Information

Location
Miles
3 miles north of Birmingham City Centre
17 miles north west of Coventry
Roads
A38, M6, M42
Rail
Gravelly Hill Railway Station
Air
Birmingham International Airport
Situation

The property is prominently located on the busy Tyburn Road (A38), situated immediately adjacent to the M6 motorway approximately 3 miles north of Birmingham city centre. The property is located close to the M6/A38M & A38 junction. The property occupies a prominent corner location at the junction of the A38 and Hawkesyard Road. Nearby occupiers include Floors Direct, Red cube storage amongst other traders.

Tenure

Freehold.

Description

The property comprises an industrial/warehouse building on a site of approximately 0.9 acres with an approximate site coverage of 30%. The warehouse benefits from 5.8m eaves height, roller shutter access, trade counter/showroom space, first floor office space and two surfaced concrete yards.

VAT

VAT is not applicable to this lot.

Planning

(1) The site may benefit from future redevelopment to a variety of uses including trade counter/ retail/storage/residential use, subject to all necessary consents/permissions and current tenancy. Interested Parties are referred to Birmingham City Council (www.birmingham.gov.uk)

EPC

Band E. See legal pack.

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReversion
Ground
First
Warehouse/Office
Office
820.04 sq m
60.18 sq m
(8,827 sq ft)
(648 sq ft)
SIG TRADING
LIMITED (2)
(tenant is not in
occupation)
12 years from
23/12/2010 expiring
22/12/2022 on a full
repairing and insuring
lease subject to a
schedule of condition
£54,57022/12/2022
Total
880.22 sq m
(9,475 sq ft)
  £54,570 

(2) 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
    931 KB
    View PDF
  • Site Plan
    Updated Date
    02.09.20
    File Size
    610 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

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