1.Bidfood
Cannock, Birmingham, UK
This property, situated in what is known as the “Golden Triangle” for logistics and distribution real estate in the United Kingdom.
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The property is well located in Wombourne Enterprise Park, Wombourne, which lies on the West Midlands and Staffordshire border, 15 miles west of Birmingham and 6 miles south of Wolverhampton. This modern, high specification property was constructed in 2005 as a national distribution facility and comprises 131,984 sqft of ground floor warehouse and ancillary offices. The property is let to Spectrum Brands UK Limited on a 25 year lease expiring 28 January 2030. Spectrum Brands UK Limited is a wholly owned subsidiary of Spectrum Brands Holdings, which is listed on the NYSE. Spectrum Brands Holdings has a global footprint with a presence in 6 continents selling leading brands such as Russell & Hobbs, Black and Decker and Remington in 160 countries.
Wombourne, Wolverhampton, UK
A single storey modern distribution warehouse with ancillary office accommodation
131 984 square foot (site cover of 43%)
Spectrum Brands (UK) Limited
28 January 2030, with no tenant break
6.25%
Fully repairing and insuring (ie tenant responsible for all operating costs), upwards only 5 yearly rental reviews
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