Rare opportunity as dwindling supply hits firms
National commercial property consultancy Lambert Smith Hampton (LSH) has been appointed to bring a 71,028 sq ft Black Country warehouse to market, as businesses hoping to relocate or expand struggle with a shortage of industrial units across the West Midlands.
The vacant industrial unit sits on a 6.4-acre site at Parsonage Street, Oldbury, and is available for a new tenant on a leasehold basis.
Matt Tilt, head of industrial agency at LSH in Birmingham, said it provides a rare opportunity in the region to acquire a warehouse unit with large yard, which accommodates HGV parking, and also benefits from excellent access to the motorway network
“Given the severe shortage of industrial and warehouse units in the region with sufficient yard area, we expect there to be significant interest from potential occupiers. It would provide a company a very strong base from which to operate a successful business.
“It is a good unit, in an ideal location given the excellent transport links, for potential occupiers working within the logistics and distribution sector.”
The site is located just 1.5 miles from Junctions 1 and 2 of the M5 Motorway, and provides good access to the wider motorway network including the M6, M40 and the M42. The main bay compromises six loading doors with eaves height of 8.5 metres, a 54,666 sq ft warehouse, a 14,621 sq ft loading tunnel with canopy and 1,759 sq ft of office space over two floors.
Call Matt Tilt on 0121 237 2447 or email mtitl@lsh.co.uk for more information.
