TSR Wolverhampton has completed 3 lettings, with 2 suites currently under offer and only 1 suite remaining over the course of 5 months!
The Boot Factory is located on Cleveland Road in Wolverhampton, a short distance from the City Centre across the A4150 Ring Road and ideally located close to Wolverhampton train station, metro line and bus station and with various public car parks in close proximity.
The historic 19th century building, formerly known as James Baker & Sons Ltd where approximately 341,000 pairs of shoes and boots were produced each year, has now been refurbished, modernised and renovated to provide a mix of open plan office suites. The suites are all to an exceptionally high standard through developer Simon Developments Ltd and range from 750 sqft to 3,400 sqft. The building offers high ceilings which means it benefits from excellent natural lighting, as well as exposed timber beams, perimeter trunking and lift access to all upper floors. The premises also benefits from ‘superfast broadband’.
In late 2015 TSR Wolverhampton completed the letting of a first floor office suite approximately 1,590 sqft. A short while afterwards, the letting of the suites known as 1D and suite 5, extending to circa 1,500 sqft had completed alongside another letting in early 2016 of suite 6, all of which were to professional occupiers.
This month TSR have agreed terms for 2 of the 3 remaining suites and placed these under offer, meaning that there is one suite currently available of approximately 3,391 sqft. As Wolverhampton is undergoing some major developments within the City Centre such as the £35 million redevelopment of the Mander Centre, planned extension of the Metro Line from the City train station, it would be an excellent opportunity.
Iain Mills of TSR added ‘the recent lettings and interest are a testimony to the works completed by the owner and these coupled with the highly competitive rent of £7 per sqft per annum has culminated in this flurry of interest and deals. When compared with nearby new build offices, The Boot Factory has all the modern features office occupiers require (superfast broad band, 2 passenger lifts, flexible open plan space and excellent natural light) coupled with surroundings of a lovingly restored historic building’.