Developer wraps up sales at industrial estate
Westbeech Group has sold all newly developed freehold units at Westminster Industrial Estate in Cradley Heath.
The final three units, totalling 7,656 sq ft, are under offer to a local construction business, with completion expected in April 2025.
The Wolverhampton-based developer acquired the estate in 2019, which included two existing industrial units and a one-acre yard.
After securing planning permission in 2023, the company developed the yard into eight industrial units covering 19,000 sq ft.
Five units were sold before completion, with buyers including Perfection Property Investments, JDR Property Holdings, The AVS Retirement Fund, and Pioneer Source.
Commercial property agents Bulleys advised on the unit sales.
Ian Houghton, managing director of Westbeech Group said: “We saw an opportunity to take advantage of the increasing demand for quality industrial and warehousing units in the West Midlands. There is a shortage of new stock and the response to our development has been tremendous.
“The units were completed in 2024, with five sold ahead of completion, and the final three remaining units, totalling 7,656 sq ft, are under offer to one company, with completion expected in early April 2025.”
