Maclan Developments and Bett Properties have bought a 9.3ha (23 acre) greenfield site for a 27,875 sq m (300,000 sq ft) industrial and distribution scheme.
The joint venture paid Westbury Holdings around £2m for the land at Buntsford Hill, which is next to the A38 and south of Bromsgrove in the largest land deal in the Midlands this year.
Outline consent exists for B1,B2 and B8 uses and a detailed application for a ‘low-density’ business park will be submitted within the next fortnight. The developers claim national and international companies are considering prelets at the scheme.
Fuller Peiser and Brown Harknett International (BHI) are letting agents. BHI also advised Westbury Holdings on the disposal.
EGi News 09/05/00
