Severn Trent Launches 19 acres of Development Land Across the Midlands
Date of Article
Nov 18 2020
Sector
Commercial

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Caroline Penn-Smith
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Caroline is a partner in the commercial team and is based in our Birmingham office.

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Four Midlands development sites have been brought to the market by Carter Jonas, on behalf of Severn Trent.

Carter Jonas is instructed on Severn Trent’s disposal programme, marketing land surplus to the water company’s requirements. The sites range in size and value and are all non-operational in terms of its water and sewage business, and benefit from vacant possession.

Located in Oldbury, 8.5 acres (3.43 hectares) of land is available on Roway Lane. It has prospects for residential development and other uses, subject to necessary consents, and good access, within four miles from Junction 2 of the M5. The site, a former treatment works, is mainly scrubland. 

In Sutton-in-Ashfield, 5.55 acres (2.24 hectares) of greenfield land is available, immediately south of the sewage works. The site has easy access via Coxmoor Road which interconnects directly with the A38 and is close to the M1 heading north or south. Subject to the necessary consents, the land has the potential for employment development use.

In Stoke, 4.35 acres (1.76 hectares) is available on Uttoxeter Road. Located at the former Meir Depot, the site has a prominent position, fronting the A50, and links to junction 15 of the M6 to the west and junction 24 of the M1 to the east. Situated within a relatively mixed-use area, it could accommodate several uses, including employment, quasi retail, and residential development. 

Additionally, offers are invited on 0.73 acres (0.29 hectares) of industrial development land in Pirehill, Stone. On the corner of Beacon Road and Brooms Road, the site has excellent prospects for a range of employment uses, subject to consent. Notable occupiers within the surrounding area include XPO Logistics, Royal Mail Group, Woolcool, Delice de France PLC and Schneider Electric UK. 

Caroline Penn-Smith, Partner, Commercial, Carter Jonas Birmingham
, said: “There is a healthy demand for development land within the region and each of these sites offer excellent prospects to potential purchasers. Thanks to their historic use within the Severn Trent portfolio, each has the advantage of being well located and accessible, within easy reach of wider infrastructure networks and employment areas. The properties are likely to appeal to a wide range of investors and developers, especially given the variety of land available. We have already received interest from several different parties attracted to their prominence and connectivity.”