Double deal in Walsall for Goold Estates

TOOLSTATION and Majorfax have both taken accommodation at a recently redeveloped vacant factory in Bridgeman Street, Walsall owned by Goold Estates.

Toolstation, the direct sale and online supplier of trade tools, accessories and hardware products, has opened a new 5,394 sq ft front unit having committed to a ten year lease with a break at the fifth year whilst engineering firm Majorfax, a specialist supplier for machined and finished castings, has purchasing the remaining 6,600 sq ft.

Dominic Goold, managing director of Goold Estates said: “We have extensively redeveloped this vacant factory unit which included new cladding to the front elevations, splitting it into two and demolishing the offices at the front to create more parking.

“We recognised that the factory could be adapted to provide excellent frontage onto Bridgeman Street and improved car parking which would be attractive to a trade counter occupier.”

This deal follows a busy period for Goold Estates following the £1.79m purchase of Redmill Snack Foods site in Wednesbury, lettings to Euro Car Parts and Newlife Foundation at Lakeside Business Park, Cannock and at the Stamp Factory, Walsall to Vale Brothers.