OLDBURY OFFICE BUILDING SOLD FOR £415,000 AS CONFIDENCE IN SECTOR GROWS

Commercial agents at Dudley-based surveyors Sellers have sold the freehold of a Black Country office for £415,000.

Sellers, which is part of the Harris Lamb commercial property consultancy group, sold 5B Swallowfield Courtyard in Oldbury, a 2,147 sq ft modern office building with excellent access links, being within half a mile of Junction 2 of the M5.

Comprising of five office buildings, the Swallowfield Courtyard office development is located on Wolverhampton Road. Unit 5B is a self-contained, two-storey building with dedicated parking and security-barrier access.

Matthew Pearcey, who oversaw the sale, said: “While the past year has presented various challenges with concerns over the economy and the cost-of-living crisis, the freehold industrial and office sectors within the Black Country have continued to thrive.

“This building, which has been partitioned to create number of private and open plan rooms, and benefits from eight parking spaces and security-barrier access, attracted interest from potential buyers due to its location, and was ultimately purchased as an owner-occupier investment.

“The property is positioned close to Birchey Island, which provides access to Junction 2 of the M5, thereby offering excellent links to the wider UK motorway network, as well as to Dudley, Birmingham and Wolverhampton,” said Matthew.

For other office opportunities within the region, contact Matthew at matthewpearcey@sellers-surveyors.co.uk.