Former Lye warehouse and offices of glazing firm goes on the market

Midlands-based Asper Property Group says the refurbished former Pedmore Windows premises on Pearson Street in Lye has been put on the market on a freehold or leasehold basis via agents Siddall Jones and is expected to be a big hit with investors or owner-occupier businesses seeking quality freehold industrial space.

The available space of 3,622 sq ft on a 0.25 acre secure plot is available for sale or to rent, price on application, and the agents report they are already arranging multiple viewings.

Charlie London, managing director of Asper Property Group, said: “This property presents an extremely rare and valuable opportunity for a local business to acquire an excellent quality HQ premises.

“We have fully refurbished the property to a very high standard offering an excellent turn-key  warehouse with high quality complementary show room, offices and secure front and rear yard.

“Due to the quality and range of accommodation on offer the property is suited to a huge range of local businesses and we expect very high occupational demand at a price point which has very limited stock available.

“We are delighted to work jointly with Siddall Jones and joint agents Hexagon Commercial who both have an excellent foothold in the Black Country market."

Commenting on the former Pedmore Windows premises, Ed Siddall-Jones, managing director of Siddall Jones, said: “With comprehensive refurbishment throughout, this space in Pearson Street provides both functionality and security, ensuring it meets the diverse needs of today‘s commercial tenants.

“The unit is accessed through a secure, gated yard, providing both privacy and security. Ample space within the yard allows for convenient loading and unloading, making it ideal for businesses with frequent deliveries or shipments.”

He pointed out that its location, less than half a mile from the A458, provides quick access to Stourbridge, Halesowen, and major routes through the Black Country. Junction 3 of the M5 motorway is only five miles away, enabling easy travel to Birmingham and the West Midlands.

He said that demand for industrial property in the region was strong, evidenced by Siddall Jones’ recent sale of an 11,355 sq ft Black Country industrial property at 27 Dudley Road, Lye,  for an undisclosed sum.

Harvey Pearson, managing director of Hexagon Commercial, said: “We are delighted to be working with Asper on the letting of their premise on Pearson St. We are in receipt of substantial demand on a leasehold basis from a range of local businesses. The opportunity presents a unique offering to secure a warehouse premise with secure yard in highly under-served portion of the market.”