goold estates

Forster House, Walsall

Goold Estates completes sale of fully let office building in Walsall

Property investment and development company, Goold Estates has completed the sale of a fully let town centre office building in the West Midlands. 

Forster House in Hatherton Road, Walsall has been sold to a private investor through Lambert Smith Hampton’s online property trading platform, 574.

The sale of the detached four storey office building, which has been owned by Goold Estates since the 1990s, was completed prior to the property’s online auction date.

Forster House comprises a net internal area of c.9,709 sq ft, including a self-contained office suite and small retail unit on the ground floor, with 35 car parking spaces to the front and rear.

The property is predominantly let to recruitment agency Extra Personnel Limited which has occupied the building as its headquarters for more than 20 years.

Anthony Williams, property director at Goold Estates, said: “The sale of Forster House follows the disposal of several legacy properties in recent years, allowing us to focus on a number of exciting refurbishment, development and acquisition opportunities. This was the first occasion we have used an online facility like 574 to sell one of our properties and we are pleased to have concluded a deal prior to auction.”

Max Mason, head of sales at Lambert Smith Hampton who acted on behalf of Goold Estates said: “The property was sold following a hybrid marketing campaign, this new approach delivers the certainty of an auction contract with the flexibility of private treaty. In this instance this has allowed us to deliver a certain and secure result at an excellent price.”

Other News

24. 01. 22

Goold Estates puts Walsall town centre retail parade on the market

Property investment and development company, Goold Estates has announced plans to sell a parade of town centre retail units at a multimillion pound scheme in Walsall.Five self-contained retail units have gone on the market, each offering 711 sq ft of modern retail space on George Street, to the southern end […]

Read

24. 11. 21

Albrighton educational charity benefits from donation

A West Midlands charity that supports mentally, physically and sensory disabled users has benefited from a donation by Goold Estates. The Albrighton Trust provides educational, recreational and leisure facilities to people disadvantaged by disability, special needs or illness. All of its activities are either inspired by or involve the outdoor […]

Read

16. 11. 21

Three sign-up at fully let Beecham Business Park

A West Midlands business park is full after Goold Estates completed a hat-trick of lettings. Beecham Business Park, in Aldridge, had three vacant units at the start of the summer but all have now been let to local companies. A 10-year lease has been agreed with Triple D Express Ltd […]

Read
More News

This website uses cookies to improve your experience.