The ambitious scheme will involve large scale flattening of existing buildings and the creation of up to 500,000 square feet of additional warehouse space in small and medium sized units, currently in short supply and therefore much in demand in the region. In addition, the building work will create 200 short term jobs, with the resulting industrial units bringing in up to 1,000 more.
Developer CEG secured planning permission for the scheme in September 2016. The 28-acre site, which is next to the Thomas Dudley foundry and CAB Autos factory, is an attractive proposition due to the area’s excellent transport links and skilled workforce. The first phase of development will involve building up to five units totalling 80,000 square feet, which will be ready for occupation later in 2018. The company are also offering ‘design and build’ opportunities of between 5,000 and 200,000 square feet on the site.
CBRE and Bulleys have been appointed as joint agents, and have said the new units will be environmentally friendly and built to high standards, with separate yards, attractive landscaping, 24 hour security, CCTV and gatehouse entry. It is hoped that, when completed and occupied, the once dilapidated site will become a thriving business community.
If you think that the Vaughan Trading Estate might be the ideal home for your business, contact CBRE or Bulleys for further information. To find out how Think Sandwell can help you find the perfect premises, visit our Property and Planning pages.