£1.79m deal for former Redmill site
Goold Estates, the commercial property management, investment and development company based in Walsall, has bought the former Redmill Snack Foods Site in Wednesbury for £1.79 million from Tayto Group, the third largest snack manufacturer in the UK and owner of Golden Wonder and Mr Porky scratchings.
Goold Estates have already commenced a comprehensive refurbishment and reconfiguration of this 130,000 sq ft, 6 acre estate which has been vacant since 2011 when Tayto moved production to Corby.
Dominic Goold, managing director of Goold Estates, explained: "There is currently a significant shortage of quality small industrial units in the area and we have been looking for an opportunity like this to satisfy the strong demand.
"We have already commenced works on site which will include some selective demolition to open up the estate and improve circulation necessary for a multi-let estate. The first phase of units on the renamed Red Mill Trading Estate will be available from the end of October providing quality light industrial and warehouse units from 2,500 sq ft up to 15,000 sq ft."
There is already interest in the units at the front of the estate, with main road frontage, from trade counter operators, says Goold Estates.
