Express & Star

Oldbury site bought amid strong demand

A large Black Country industrial site with offices, a warehouse and yard has been sold for £300,000.

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The freehold premises at 65 Park Lane, Oldbury, close to Junction 2 of the M5, has 6,380 sq ft of warehouse space, and totals 14,060 sq ft with its side yard and car park.

West Bromwich-based Bond Wolfe was the agent for the site, which has a prominent corner position on the B4170 half a mile south of Oldbury town centre, and just two miles away from Smethwick and West Bromwich.

James Mattin, managing director of Bond Wolfe, said: "Demand for good quality industrial property remains strong among the owner occupier market and this sale is further evidence of that.

"This sale comes amid a busy period for Bond Wolfe where last week alone saw a further £6 million worth of sales agreed."

The buyer is a local owner occupier.