Busy 2023 at Burley Browne as further Industrial Sale Completes

Commercial | 04.05.2023

Burley Browne is delighted to announce the sale of the former Beacon Woodcraft premises, 170 Queens Street, Premier Business Park, Walsall to a private investor. The sale marks the successful conclusion to a busy marketing campaign which required a best and final bids process due to the high level of competing interest, resulting in offers being submitted well in excess of the quoted asking price of £450,000.

The property comprises a detached industrial/workshop building incorporating two storey offices to the side elevation. The building benefits from three access roller shutter doors to the elevation fronting Queens Street together with off-road parking for approximately 5 to 6 vehicles. Internally the building offers largely open plan workshop space leading onto two storey cellular offices with stores and WC’s. The property also incorporates a large mezzanine which covers the majority of the workshop area.

Ben Nicholson, Senior Associate Director comments, “This sale again demonstrates the continued high level of demand for freehold workshops style premises. The building is situated in a popular and well-established commercial position within Walsall town centre and due to the high level of interest, we were required to invite best and final bids, all of which were in excess of the quoting asking price. Conclusion of this disposal is further evidence of the positive market conditions we are experiencing since the turn of the new year in the commercial property market.”

For more information in relation to any industrial/warehouse property enquiries you may have please contact Ben Nicholson at Burley Browne.

Burley Browne is one of the West Midlands leading independent commercial property consultants and is unique providing specialist knowledge provided by chartered surveyors in each sector and discipline and covering Birmingham and Staffordshire areas (which includes Sutton Coldfield, Lichfield, Tamworth and Walsall) whilst also serving the wider Midlands region.

Visit www.burleybrowne.co.uk for further information. You can also follow the Burley Browne LinkedIn page or Twitter @BurleyBrowne or via LinkedIn to keep you up to date with all of our latest news and properties.