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Industrial Site Newfield Rd

214,905 SF Industrial Building Oldbury B69 3ET $12,341,616 ($57/SF)

Virtual Tour

Investment Highlights

  • Discover a rare freehold opportunity to purchase a significant 12.08-acre brownfield site prominently located in the sought-after Golden Triangle.
  • Enjoy excellent redevelopment potential for residential, commercial, or industrial use subject to gaining the necessary planning consents.
  • Strategically located in Oldbury, a prime retail warehouse, trade, and logistics location in the Black Country, 5.8 miles from Birmingham city centre.
  • Comprising seven interconnecting bays, ancillary workshops, and office blocks within a concrete-surfaced, secure parcel with parking and loading.
  • Find significant craneage throughout, a high eaves height, and excellent storage capabilities as part of the existing specification.
  • Benefit from seamless connectivity to the M5 and the M6, and easy travel to the world-class city amenities and commercial opportunities in Birmingham.

Executive Summary

Presenting a unique chance to acquire a substantial 12.08-acre brownfield site strategically situated in Oldbury, a prime hub for retail, trade, and logistics within the Black Country, just 5.8 miles from Birmingham city centre. The site features an industrial shed and expansive yard space offering significant redevelopment potential, subject to securing the necessary planning permissions. This property is available for unconditional offers only, with a guide price in excess of £9,750,000 for the freehold interest. Please contact the agent for more information.

Property Facts

Price $12,341,616
Price Per SF $57
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
Tenure Freehold
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 12.08 AC
Rentable Building Area 214,905 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 0.37/1,000 SF
No. Drive In / Grade-Level Doors 11

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Security System
  • Signage
  • Yard
  • Automatic Blinds
  • Storage Space
  • Demised WC facilities
  • Smoke Detector

Utilities

  • Lighting
  • Water
  • Sewer
  • Heating

Nearby Amenities

Restaurants

Kays Cafe Cafe $ 11 min walk
Costa Coffee - - 20 min walk
Qualitycars4less - - 20 min walk
Subway - - 20 min walk
Taco Bell Fast Food - 20 min walk

Retail

Sunbelt Rentals Rental Shop 11 min walk
Bestway Supermarket 19 min walk
Iceland Supermarket 20 min walk
Shoe Zone Shoes 20 min walk
Poundstretcher Discount Store 20 min walk

Hotels

Park Regis
253 rooms
12 min drive
Copthorne
138 rooms
11 min drive
Holiday Inn
156 rooms
13 min drive
  • Listing ID: 33123467

  • Date on Market: 9/10/2024

  • Last Updated:

  • Address: Newfield Rd, Oldbury B69 3ET

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