goold estates

Cookley Wharf Industrial Estate

Goold Estates agrees pair of lease renewals at fully let industrial estate

Property investment and development company, Goold Estates has agreed two lease renewals totalling almost 12,000 sq ft at a fully let industrial estate in Brierley Hill.

Biogas and wastewater experts, Biogas Products Ltd has completed a new three-year lease on a 7,828 sq ft unit at Cookley Wharf Industrial Estate, where it has been based since 2011. 

Engine rebuilding service, Van Engine Services Ltd has also committed its future to the estate by signing a five-year lease extension on a 3,911 sq ft industrial warehouse unit.

The lease renewals follow a refurbishment of both properties, including external decoration and new tenant boards, as well as extensive improvements to car parking and access roads, and a new sliding gate to the estate. 

Goold Estates recently completed a 10-unit redevelopment of a former steel manufacturing plant at Cookley Wharf Industrial Estate, to create smaller units for businesses relocating or expanding their operations. All units are fully occupied, with the majority let prior to completion of the refurbishment works.

Anthony Williams, property director at Goold Estates, said: “We’re very pleased to have secured lease renewals with two long-term tenants at Cookley Wharf Industrial Estate. The lease renewals illustrate the strength of the relationships we have forged with our tenants and their continued satisfaction with the estate.

“Cookley Wharf Industrial Estate was 38% vacant when we acquired the property in 2008, so it’s particularly satisfying to be once again at full occupancy, following significant investment in the refurbishment and redevelopment of the estate, which provides good quality premises suitable for a range of occupiers in manufacturing, storage and distribution.”

Cookley Wharf Industrial Estate fronts the busy Leys Road and is located approximately two miles west of Brierley Hill town centre and Merry Hill shopping centre. The A4101 Dudley Southern Bypass is within three miles of the estate, which leads to the A4123 New Birmingham Road and junction 2 of the M5 motorway network.

Other News

13. 05. 24

Goold Estates gains approval for £28m Black Country industrial/urban logistics scheme

Goold Estates has secured planning consent for the regeneration of a vacant brownfield site in Wolverhampton that will deliver 166,500 sq ft of new industrial/distribution accommodation. The property investment and development company will speculatively develop a 12-acre plot at the Bilston Urban Village employment site, off Brook Street in Bilston. […]

Read

16. 04. 24

Goold Estates to refurbish 18-acre distribution and industrial site in Wolverhampton

Goold Estates has revealed plans to refurbish an industrial and warehouse distribution park in Wolverhampton, which is available to let for the first time in more than 20 years. The property investment and development company will rebrand and refurbish an 18-acre site at Spring Road in Ettingshall, which will be […]

Read

01. 02. 24

Goold Estates acquires Co-op store in Stourport-on-Severn

Property investment and development company, Goold Estates, has completed the acquisition of a Midcounties Co-operative store in the centre of Stourport. The company has purchased a c.29,000 sq ft retail unit with adjoining car park on a prominent, 2.1-acre site cornering Tan Lane and Lombard Street. Goold Estates is planning […]

Read
More News