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Sheffield, Yorkshire

SIG Plc

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Overview

This property, situated in one of Yorkshire’s largest business parks, Sheffield Business Park, has a new 25 year lease with SIG Trading Limited, expiring 21 December 2041. SIG is a leading supplier of specialist insulation and energy management materials to the construction industry in the UK, with its ultimate parent company, SIG plc, trading for over 50 years. This modern, open plan office building constructed in 2007 measures 20 439 sq ft and together with two other buildings in Sheffield Business Park comprise SIG plc’s headquarter campus in the UK.

Location

Sheffield, Yorkshire

Building use

High specification office accommodation over 3 floors, used as national headquarters

Size of building

20 439 square foot

Tenant

SIG Trading Limited

Lease expiry date

21 December 2041, with no tenant break

Acquisition yield

6.0%

Type of lease

Fully repairing and insuring (ie tenant responsible for all operating costs), upwards only, RPI index linked, cap and collar 1% and 3% per annum

Location

Further holdings

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