Freehold Sale Completes on Modern Warehouse to DPD Local
Freehold Sale Completes on Modern Warehouse to DPD Local

Modern Warehouse Sold to Parcel Company

The Solus Building at Wharf Approach, Aldridge has been sold on a freehold basis to parcel company DPD Local (formerly known as Interlink Express), for close to the £2.2 million quoting price.

The property was most recently the home of Hellerman Tyton and has been sold on a freehold basis.  The purchase will allow DPD Local to significantly expand its operation in the area, when it moves from its existing Aldridge depot site in Morford Road.

Burley Browne were marketing the property on a freehold/leasehold basis for Constantine Land.  The building extends to 31,709 sq ft (2,946 sq.m) and consists of warehouse and two storey office block, with 47 on-site parking spaces.  The property also benefitted from a small piece of expansion land to the rear.

Mark Fitzpatrick, Director at Burley Browne commented, "this is a property that attracted a lot of local interest for the freehold.  It dates from 2000, but still offers an excellent quality product.  The Aldridge property market continues to perform well.  This property was sold for £2,150,000 which was very close to the £2.2 million quoting price."

DPD Local's Steve WIlliamson commented "Our business is growing and this move will allow us to expand our operation to meet the increased demand for our services locally."

Published on Tuesday, 11 April 2017

Back to News
About Burley Browne
Burley Browne are unique in providing specialist knowledge of the North Birmingham and Staffordshire areas to include Sutton Coldfield, Lichfield, Tamworth and Walsall, whilst also serving the wider West Midlands region.
Follow us
Also in Birmingham City Centre
The Independant
Commercial property
Consultants Network
Copyright © 2017 Burley Browne   Sitemap |  XML Sitemap |  Terms |  Cookies      
Website Designed & Powered by Alcium Software
This site uses cookies for analysis purposes only. This helps us understand how you and other visitors use our site. To see a complete list of these cookies or to opt out please access our cookie policy page.

You will see this message only once, but you will be able to find more information about our use of cookies or opt out at any time.