FOR SALE INDUSTRIAL DEVELOPMENT OPPORTUNITY (SUBJECT TO PLANNING) 14.88 ACRES (6.02 HECTARES) Urban Village East Brook Street, Bilston WV14 0TP

Bilston Urban Village East Brook Street Bilston 0121 236WV14 2066 0TP LOCATION ST WOLVERHAMPTON ST A41 RTE B4484 RY The site is situated on the eastern edge of the Bilston Urban NT

OU B C Village regeneration area within the Market Town of Bilston. K L C A

A C The site is located south of Bilston Town centre, L BILSTON B K A41

approximately 2.5 miles to the south east of C O Wolverhampton City Centre and 14.5 miles to the U N north west of Birmingham City Centre. The Black MILLFIELDS RD T R Y Country Route (A463) is situated north of the A4126

N site and is accessed via Bath Street and Brook E A4038 BILSTON URBAN W Street at the Oxford Street roundabout. VILLAGE EAST R This provides access to J10 of M6 within D approximately 3 miles, J9 of M6 within approximately 4.5 miles and J1 of M5 HIGH ST NEW RD

within approximately 6.4 miles. The A4123

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site benefits from excellent access N LOXDALE ST A GREAT BRIDGE RD to the Metro L LOP ST D SA E A T with the Bilston Central and O D

BIRMINGHAM NEW RD R R R

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LANSFIELD Y B

Loxdale stops situated L

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T within close proximity F N D H BRADLEY U on the route between R G O I R C H Birmingham and K O AC O Wolverhampton. BL M Y A4126 D A L

M6 J9 4.5 MILES M6 J8 6.4 MILES M5 J1 6.4 MILES DESCRIPTION

The site is generally flat and level brownfield land which was formerly used as BLACK COUNTRY NEW railway land and for industrial and mining purposes. The employment site ROAD | (A4444) extends to approximately 14.88 acres (6.02 Hectares) and forms part of the 37ha Bilston Urban Village (BUV) development. The site is bounded by the Midland Metro Line to the east, Morrisons store to the north west, pedestrian footpath to the west and Industrial uses on Northcott BILSTON URBAN Road with an ecological area / nature reserve to the south west. M6 J10 VILLAGE EAST 3 MILES Site access is to be provided via Brook Street to the North which connects to the Black Country Route via the Oxford Street BLACK COUNTRY roundabout which in turn provides access to the M6 and ROUTE | A463 Bilston Urban M5 Motorways. We have been informed that there are Village East currently no known Tree Preservation Orders (TPOs) on Brook Street the site. Bilston WV14 0TP Plan: Bilston Urban Village East Employment Site Boundary

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ACCOMMODATION 135.3m 14 ET

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2 The site has previously been used as railway land and for industrial

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3 3 7 and mining purposes. The Bilston Corridor Area Action Plan (2014) AT 8

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24 has identified the site for the delivery of high quality employment

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ACRES HECTARES 3 2 3

land in Policy BC - Delivering High Quality and Local Employment

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34 3 5 TOTAL GROSS AREA 14.88 6.02 4 Opportunities. The policy aim is:

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4 2a 14.88 ACRES 4 4

(6.02 HECTARES) “To protect and improve the right amount of employment land to 5

6 deliver regeneration and job opportunities, with a focus on attracting

3 7 5 7 investment in high quality employment and delivery of a rolling

M id la nd M supply of employment opportunities” et ro

Please refer to the Data Room for further information on planning and the supported uses for development. 95

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1 38 30 9 50 11 62 70 OAD 6 The 37ha Bilston86 Urban Village RE(BUV)ENWAY R site has successfully delivered around 500 new homes by Kier and Countryside, G PROGRAMME 22

147.5m

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© Crown copyright and database rights 2021 OrdnaFacntorcy e Snewurvey 100019 5health37 and leisure5 facilities,1 new primary1 and secondary schools, a new Marston’s pub/restaurant and extensive

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8 5 9 5 1:2,500 ¯ 4

4 The site is included within the Council’s Industrial Sites new and improved6 public open space. Development and Delivery Programme, which seeks to help address the supply shortage of industrial land and This regeneration is being delivered by way of utilising the City of Wolverhampton Council’s (CWC) land improvement of underutilised land. holdings, working with both public and private sector organisations. BUV has made significant improvements to quality of life and has attracted a younger, more diverse and affluent population into the area. The The programme will deliver the following benefits; economic release of this employment land enables the area’s strong employment base to be sustained and growth, job creation, employment floor space, business rates improved for the future. and private sector investment to improve/rebuild the City’s infrastructure. The 6.02 ha CWC-owned employment site is one of the last remaining BUV development opportunities. The Council wants to work proactively with a developer to enable new Please refer to the Data Room for further information on the employment floor space in this area. development site and the Council’s requirements for the site. The Council will work with economic partners, including the Black Country Consortium and the West Midlands Combined Authority, to assist in the promotion of this site.

Bilston Urban Village East Brook Street Bilston WV14 0TP BILSTON TOWN CENTRE

BLACK COUNTRY ROUTE | A463 BLACK COUNTRY ROUTE | A463

BILSTON URBAN VILLAGE EAST

A41

LOXDALE PRIMARY SCHOOL

INDUSTRIAL MARKET OVERVIEW The Midlands industrial and distribution market witnessed record levels of take up Country. Current manufacturers based in Wolverhampton include Jaguar Land in 2020, which combined with a slowdown in speculative development due to Rover, ERA, Moog, Eurofins, Atlas Copco and Plastic Bottle Supplies Limited. a lack of readily available land to develop resulted in a drop in Grade A supply. Within the surrounding area of the site there are a number of established There remains a lack of good quality industrial space available across Wolverhampton industrial estates including Beldray Park, Springvale Industrial Park, and the Black Country with increasing demand resulting in strong rental growth. Bilston Industrial Estate, Planetary Industrial Estate and Bilston Urban Village East Where employment land has been available there has been a commitment from Trading Estate, all of which have low vacancy levels. Brook Street developers to speculatively develop a number of schemes which demonstrates Bilston a strong demand from occupiers to be located in Wolverhampton and the Black WV14 0TP METHOD OF SALE

The site is to be sold by informal tender with a two stage approach comprising an initial expressions of interest from which the City of Wolverhampton Council (CWC) will shortlist interested parties. These shortlisted parties will then be invited to tender and submit a detailed bid for the site. For more information on this process please speak to the agents.

PRICE

Offers are invited.

DATA ROOM LEGAL COSTS VIEWING & FURTHER A dedicated data room holds supporting site and technical Each party to be responsible for their own INFORMATION information with details on the marketing procurement process. legal costs incurred in any transaction. Interested parties are requested to work up their Expressions Viewing strictly by prior appointment: of Interest / initial bid submission by drawing on the technical Matthew Tilt information provided in the data room. TERMS 07834 626 172 [email protected] Access is available by password only at www.buve-land.co.uk. The site is being offered on a Long Daniel Rudd Leasehold basis with vacant possession. 07736 620 969 Please contact the agents for more 0121 236 2066 [email protected] VAT information. All prices are quoted exclusive of VAT at the prevailing rate. lsh.co.uk

IMPORTANT NOTICE: Lambert Smith Hampton gives notice to anyone who may read these particulars as follows: 1. These particulars are prepared for the guidance only of prospective purchasers. They are intended to give a fair overall description of the property but are not intended to constitute part of an offer or contract. 2. Any information contained herein (whether in the text, plans or photographs) is given in good faith but should not be relied upon as being a statement or representation of fact. 3. Nothing in these particulars shall be deemed to be a statement that the property is Bilston Urban in good condition or otherwise nor that any services or facilities are in good working order. 4. The photographs appearing in this brochure show only certain parts and aspects of the property at the time when the photographs were taken. Certain aspects may have changed since the photographs were taken and it should not be assumed that the property remains precisely as displayed in the Village East photographs. Furthermore no assumptions should be made in respect of parts of the property which are not shown in the photographs. 5. Any areas, measurements or distances referred to herein are Brook Street approximate only. 6. Where there is reference in these particulars to the fact that alterations have been carried out or that a particular use is made of any part of the property this is not intended to be a statement that any necessary planning, building regulations or other consents have been obtained and these matters must be verified by any intending purchaser. 7. Descriptions of a property are Bilston inevitably subjective and the descriptions contained herein are used in good faith as an opinion and not by way of statement of fact. Published January 2021. WV14 0TP