Property agents Siddall Jones have notched up another April lockdown deal – and this one was completed in just one week.
Tech and Trade, an importing and exporting wholesaler of electrical goods and foodstuffs, has taken Albion Works, a 28,000 sq ft industrial unit in Moor Street, Brierley Hill, on a rental of £94,000 per annum.
The London-based business is now importing hand sanitizer for the UK market and needed centrally-located premises urgently.
Ed Siddall-Jones said: “We acquired the estate for landlord Wilson Property last year, and we have since worked with the landlord to improve the layout and appearance of the estate.
“This deal represents a large letting for the Black Country and provides confidence and comfort that companies are still willing to commit to large premises in these unprecedented times.
“With the lack of industrial supply in Birmingham and the Black Country, we expect this trend to continue despite the economic outlook, and we are still active seeking industrial property for retained clients.”
Siddall Jones is one of the region’s leading commercial property agents with offices in Birmingham and Dudley.