News - 06/11/2018

Major industrial park development gets green light

Plans to build a new 200,000 sq ft industrial/warehouse development near the M6 in Walsall have taken a step closer to becoming reality after planners gave the scheme the green light.

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Antringham and Brackley Property Developments have announced that Walsall Metropolitan Borough Council planners have granted outline planning consent for the Reedswood Park development close to Junction 10 of the M6.

 

Scores of jobs will be created at Reedswood Park when the development, which is being undertaken jointly by Antringham and Brackley, is completed.

 

The 10-acre site will comprise units, for sale or to let, ranging from 10,000 sq ft to 200,000 sq ft. Potential occupiers can acquire bespoke design and build premises to suit their individual requirements.

 

Lambert Smith Hampton (LSH) has been appointed as joint agent with Fisher German to market the site, which sits adjacent to Reedswood Retail Park. The site is centrally located in the heart of the West Midlands conurbation with excellent motorway links.

 

Matt Tilt, director of industrial agency at LSH Birmingham, said the development offered a rare opportunity where occupiers can secure bespoke facilities on either a leasehold or freehold basis.

 

“Reedwood Park is in an excellent location, just over one mile from the town centre and just a few minutes’ drive to junction 10 of the M6,” said Matt.

 

“It is a rare chance for a would-be occupier to commission a bespoke design to meet its specific demands and units are being offered on either a leasehold or freehold basis. With proposed £65 million works to begin on improving the roads around junction 10 to begin in 2019, it means occupiers will be even better connected.”

 

Mike Price, partner at Fisher German commented “There is a dearth of well-connected development opportunities across the Black Country and along the M6 corridor. Reedspark Park is ideally situated to access the major population centres in the region and nationally.”

 

“The added benefit of being able to either purchase or lease a purpose designed premises should be attractive to the market.”

 

Units at Reedswood Park can include secure yard areas, HGV parking, floor loading of 50kN/sq.m, grade and dock-level loading, haunch heights of 8 to 12.5 metres, high-specification offices and fully accessible raised floors. Located next to Reedswood Retail Park, nearby occupiers include Sainsbury’s, Matalan, B&M Home, Pets At Home and Dunelm.


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