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Selco Builders Warehouse seeks to expand across the UK

04 05 22 Selco Builders Warehouse seeks to expand across the UK hero

Colliers has been instructed by Selco Builders Warehouse, one of the UK’s leading and fastest growing builders’ merchants, to acquire 20-40,000 sq ft of prominent industrial and retail warehouse units throughout the UK as the business continues to expand its national footprint.

Selco Builders Warehouse currently has 73 branches within its portfolio, totalling over two million sq ft of space, with its latest branch now open in Exeter (April 2022). 

The company is now seeking to obtain an additional 20,000 to 30,000 sq ft of industrial buildings in Greater London and 25,000 to 40,000 sq ft or two-four-acre sites across England, Scotland and Wales which are suitable for conversion; retail warehouses; development sites; trade centres and car showrooms, ideally with good local transport links.

Akhtar Alibhai, director of Industrial and Logistics at Colliers commented: “Colliers has been working with Selco Builders Warehouse since 2013, facilitating its ongoing acquisition programme for new branch openings, which has contributed to double-digit percentage revenue growth for the business over the last few years. The company has really gone from strength to strength, offering the convenience of a local one-stop-shop for customers’ trade needs and we look forward to acquiring further new units on behalf of the business.”

Hitesh Chauhan, head of acquisitions and estates at Selco Builders Warehouse said: “We are thrilled with the support that Colliers has provided to date. There is a significant opportunity over the coming years to continue the expansion of the network. With the support of Colliers, we have already had a strong start to 2022 and continue to look for new potential opportunities in Greater London and across the wider UK.”

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Akhtar Alibhai

Director of Industrial and Logistics

Industrial and Logistics

London - West End

Akhtar Alibhai joined Colliers CRE in 2004. He is currently responsible for the disposal and acquisition of Industrial sites and premises on behalf of a number of funds and developers including Aberdeen-Standard Asset Management, M&G Real Estate, Legal and Genral Assurance Society Ltd, RLAM, SEGRO, Canmoor, Chancerygate, Goyo Developments and Prologis, as well as a number of occupiers including Grafton Group ( Buildbase & Selco Builders Merchants) Safestore Self Storage, The Coop, Greggs Plc, IKEA and Lidl.

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Kristy Watt

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London - West End

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