A large speculative industrial building and plots for the development of two more at B8 Hams Hall, near the southern end junction of the new M6 Toll, are generating keen interest from the distribution sector, says industrial agency CB Richard Ellis.
A 21,012sq m warehouse/distribution hub, being built by joint venture partners BP and ProLogis, is offered at £5.50 per sq ft and there is the opportunity to install a direct rail link to the building. The property also benefits from its close proximity to the Hams Hall rail freight terminal.
Mark Fitzpatrick, head of CB Richard Ellis’ Birmingham office, says: “We also have two additional plots of land available – a 7.11-acre site for a 14,400sq m building and 5.7 acres on which a 10,219sq m building can be constructed.”
He continues: “Wincanton and Ideal Hardware are existing occupiers at B8, and already new companies are making enquiries about this strategically located development, which has the advantage of being a short distance from both the existing M6 and new toll road junctions. The opening of the M6 Toll allows distribution operators an alternative to the heavily congested M6 northbound. With B8 Hams Hall being on the doorstep of the toll road this is expected to increase its appeal to occupiers and hopefully ease the congestion problems in the West Midlands motorway network.”
CB Richard Ellis is joint agent with NAI Fuller Peiser and DTZ Debenham Tie Leung.