Former Rea Valley Tractors site put up for sale

In September, Tim Higgins, Edward Williams and Jane Steer of PwC were appointed as joint administrators of Dunstall Holdings Limited and Rea Valley Tractors Limited. 

With headquarters in Burton-on-Trent, the company was primarily engaged in the sale, servicing and repair of agricultural machinery, materials handling equipment and workplace storage solutions.  

Following a prolonged period of difficult trading conditions and inflationary cost pressure, Dunstall Holdings Limited and Rea Valley Tractors Limited sought opportunities to secure a long-term future through a sale of all or part of the businesses.  

However, despite a comprehensive marketing process, no viable offers were received for the Group as a whole. As a result, the directors stated they had no option but to place the companies into administration. 149 employees were made redundant with immediate effect.

Site details

The commercial site has recently been brought to market with a guide price of £2,950,000. According to the property agent, it comprises an industrial unit positioned at the front, extensive hardstanding and gravel-surfaced yard areas suitable for open storage, and a parcel of agricultural grassland to the rear.

The principal building is a 1980s two-storey industrial unit, the ground floor is arranged to provide a trade counter showroom and a series of offices leading into a goods warehouse. The first floor provides a mix of open-plan and cellular office accommodation.

Externally, the site is predominantly surfaced with concrete and gravel, with the rear portion of the site comprising agricultural grassland extending to approximately 1.93 acres. 

The former Rea Valley Tractors site is located on the eastern fringe of Shrewsbury, approximately 5.3 miles from the town centre. 

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