Goold Estates has sold Fairground Way Business Centre in Walsall to Burbury Investments for £2.5m.
The business centre, which comprises more than 26,000 sq ft of fully let commercial space across 29 units, is located near Junction 9 of the M6 motorway, less than a mile from Walsall town centre.
Originally built in the 1980’s on a former fairground, Goold Estates acquired the site in 2002 and has invested in its extension and modernisation, adding new office and warehouse accommodation.
Anthony Williams, property director at Goold Estates, said: “Having owned Fairground Way for almost 25 years, we have a strong connection with the estate and the many long-standing tenants, some of which pre-date our ownership. The flexibility of the accommodation and lease terms have supported the growth of many successful businesses. However, the time was right to sell the property, and we are delighted to have sold it to Burbury Investments. This is our second disposal to the buyer, with their offer accepted based on the ease and efficiency of the previous transaction.”
Goold Estates was represented by Lambert Smith Hampton and mfg Solicitors. Invest-Ed and Ansons acted on behalf of Burbury Investments.
