Sale of Industrial / Warehouse Premises within the Black Country Completes!

Burley Browne have successfully negotiated the terms of the sale for Units 5 – 6 Franchise Street in Wednesbury following a successful marketing campaign which generated a high number of enquiries.

The building which has a gross internal floor area of just under 6,000 sq ft has been extended since its original construction offering a fully integrated warehouse unit to the rear with a minimum working eaves height of 4.9m together with a secure yard with ample parking which benefits from a gated entrance.

Competing offers were received at the time of marketing and an agreed sale price well in excess of the quoted guide price of offers over £450,000 was achieved.

Ben Nicholson, Senior Associate Director at Burley Browne, comments “It is pleasing to have completed the sale of this warehouse building in what remains a very active and competitive market, demonstrated by the number of offers received, which resulted in a sale price well in excess of asking. Freehold industrial premises remain very popular when offered to the market and whilst we are all mindful of potential difficulties ahead, we continue to see positivity within the sector.”

Burley Browne have been retained as letting agents for the premises, which are undergoing refurbishment, on behalf of the new owners and should you be interested in this opportunity or require any further information, please do not hesitate to contact us on 0121 321 3441, via email – enquiries@burleybrowne.co.uk or visit the property search function on our website – www.burleybrowne.co.uk.

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