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No longer on the market

This property is no longer on the market

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Land

Auction
Land
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

  • Freehold ground rent investment
  • Modern business park
  • Nine long leaseholds over multiple units
  • Online Auction on Thursday, 21 September 2023

The Tower Business Park is a popular and busy modern development offering a variety of sized office and industrial units servived via Wheelhouse Road. At the head of the estate is a very large Amazon UK warehouse and distribution centre and a near by Premier Inn. Occupiers include a number of units occupied by the NHS.


Location:

Rugeley lies to the north of Birmingham on the north east edge of Cannock Chase,, on the A51 at its junction with the A460 and A513, both of which directly access the M6 to north and south. Stafford lies some 9 miles to the north west and Cannock 7 miles to the south west. The town has a population of some 25,000 and benefits from two rail stations with services to London.

The property lies south east of the town centre and is spread out along Wheelhouse Road which leads directly off, whilst running parallel to the main A51 Rugeley by-pass.


Tenancy:

Please refer to legal documents


Accomodation:

The property comprises nine individual sites upon which have been developed a mix of large and small commercial units as well as a larger site containing a small terraced multi unit estate.


Online Auction on Thursday, 21 September 2023. For further information, such as legal documents and property information, please visit bidx1.com.
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About this agent

BidX1 - Nationwide Auctions
BidX1 - Nationwide Auctions
Henry Wood House, 4-5 Langham Place London W1B 3DG
020 8033 0374
Full profileProperty listings
BidX1 are market-leaders in the digitalisation of property transactions, allowing buyers and sellers across the globe to complete transactions online in the most efficient and transparent manner. We combine industry-leading property expertise with proprietary technology to provide unparalleled levels of transparency, analytics and global reach, challenging the traditional process of marketing and transacting real estate. Our technology facilitates end-to-end online transactions, from listing to exchange of contracts.  To date BidX1 has sold over 20,000 properties through their digital platform, attracted visitors from 173 countries and buyers from 32 countries. A total value of £4 billion worth of property sold has been sold via our digital platform.  BidX1 currently operates in the UK, Ireland, and Cyprus, with further expansion into other European markets planned to meet the demand for an alternative to existing sale processes. BidX1 has a varied customer base, including multiple institutional investors, banks, listed vehicles, receivers, liquidators and propcos, as well as individual private sellers wishing to avail of the transparency and data that the digital platform provides.  Their innovative approach has earned them recognition in the form of a number of accolades, including the Irish Times' New Frontiers Award 2018 and the Investment Award 2018 at the Estates Gazette Tech Awards. BidX1 has also been shortlisted for Newcomer of the Year and Proptech Innovator of the Year at the Property Awards 2019 as well as for Proptech Company of the Year at the PROPS Awards 2019.
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