Property search
| Wolverhampton City Council is seeking a buyer for development site |
|
|
|
Wolverhampton City Council is seeking a buyer for a sizeable 0.50 hectare (1.24 acre) development site on Wednesfield Way (A4124) in the Wednesfield area of Wolverhampton.
The commercial development of this site will bring a further boost to the regeneration of the Wednesfield area which is just 2 miles from Wolverhampton city centre. The site, which fronts Wednesfield Way, has a net developable area of approximately 0.39 hectares (0.96 acres) and is currently vacant and cleared. Previously used for industrial purposes, the site would be ideal for a commercial development to include B1, B2 and B8 uses, subject to planning guidance. Adam Zarzycki at Bruton Knowles, agents for the site, comments: “We expect this site to generate a good level of interest from developers and investors. There is currently a lack of one acre sites in good locations which are openly available to purchase for the construction of facilities up to 20,000 sq ft. It is also important for existing local and regional companies to acquire land and invest in new facilities and we want to encourage as many owner occupiers as possible to show interest in the site. The Wednesfield Way site benefits from easy access to both the M6 and M54 and is located in a popular industrial area close to Wolverhampton city centre. Wednesfield Way is already home to a number of prominent businesses, including Corus and Makro Wholesalers, and will provide a good location for warehouse, storage or light industrial premises.” Steve Boyes, Director of Sustainable Communities at Wolverhampton City Council comments: “Developers or investors interested in purchasing the site will benefit from the excellent transport links and amenities that the Wednesfield Way transport corridor has opened up, and with plenty of investment already taking place, the area boasts tremendous potential for growth”. The recent regeneration of Wednesfield Way has opened up substantial re-development opportunities, including retail units developed at Bentley Bridge Retail Park which complements the existing leisure park and the adjacent Wednesfield village centre. The development of Brook Point brought a new MAKRO store which has provided 125 new jobs for the area. Furthermore, Bowman’s Harbour is the site of a new £12 million swimming and leisure development, offering the latest in health and leisure facilities. |




