Goold Estates acquires snack firm facility for £1.79m

WALSALL property developer and investor Goold Estates has bought a former snack foods site in Wednesbury for £1.79m from Tayto Group.

Tayto is the third largest snack manufacturer in the UK, owner of Golden Wonder crisps and scratchings brand Mr Porky.

Goold Estates has already started a comprehensive refurbishment and reconfiguration of the 130,000 sq ft, six acre Red Mill Trading Estate which has been vacant since 2011 when Tayto moved production to Corby.

Dominic Goold, managing director of Goold Estates, said: “There is currently a significant shortage of quality small industrial units in the area and we have been looking for an opportunity like this to satisfy the strong demand.

“We have already commenced works on site which will include some selective demolition to open up the estate and improve circulation necessary for a multi-let estate.”

The first phase of units on the Red Mill Trading Estate will be available from the end of October, providing industrial and warehouse units from 2,500 sq ft up to 15,000 sq ft.

Colliers International represented Tayto whilst Good Estates represented itself