Lambert Smith Hampton has revealed that that they have been appointed to work on a 71,000 sq. ft. project. The site is a warehouse located in Oldbury and it will be the responsibility of Lambert Smith Hampton to bring the site to market. The course of action has been announced as businesses are struggling with a lack of industrial and logistics units that are available across the West Midlands.

This vacant industrial unit sits in a 6.4-acre site that is located at Parsonage Street. The warehouse unit will be available on a leasehold basis for the new tenant. This project has provided Lambert Smith Hampton with an opportunity to acquire a warehouse site. It is not very common to be able to acquire a warehouse unit that sit in a large yard and also accommodates HGV parking. The Oldbury site also has good road links with excellent connections to the motorway network.

It is thought that because of the shortage of industrial and warehousing units in the region that have the right amount of yard space for the occupier means businesses struggle or have to relocate outside of the area. However, this new site will provide a boost for the area, as any future tenants will have an ideal base to operate out of. This unit is 1.5 miles away from Junction 1 and 2 of the M5 Motorway. This location means that the unit has good access to the wider motorway network including the M6, M40 and the M42.

The 71,000 sq. ft. site is made up of six loading docks that have eaves height of 8.5 meters. The unit also has a 54,666 sq. ft.  warehouse and a 14,621 sq. ft. loading tunnel that has a canopy and 1,759 sq. ft. of office space that is spread over two storeys.