Express & Star

Two-acre site within Manders Industrial Estate, Wolverhampton, sold for £2 million

A two-acre site on the Manders Industrial Estate in Wolverhampton has been sold, subject to contract, for £2 million.

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The property, which includes an 11, 721 sq ft warehouse to the rear, is located on Old Heath Road within the industrial estate, accessed via Wednesfield Road, and is fully let to Metek PLC.

Manders Industrial Estate entrance, Old Heath Road, Wolverhampton
Manders Industrial Estate entrance, Old Heath Road, Wolverhampton

It had been on the market with Hexagon Commercial Property based in Stourbridge with the freehold listed for sale with a guide price of £1,500,000 but it has reportedly sold, subject to contract, for £2 million.

The industrial site on the Manders Industrial Estate, Wolverhampton
The industrial site on the Manders Industrial Estate, Wolverhampton

Sales particulars described it as a "rare opportunity to acquire a single let industrial open storage investment" in the heart of the Black Country.