Goold go on spending spree

Goold go on spending spree

Commercial property experts Goold Estates have purchased more than 64,000 sq ft of industrial units in their home town of Walsall for £500,000.

The units, on Midland Road and Wednesbury Road on the southern outskirts of Walsall town centre, were bought from Aspinall Holdings with existing tenant, Walsall Security Printers, continuing on a short-term basis at a rent of £140k per annum.

Dominic Goold, managing director of Goold Estates, explained: “The medium-term strategy is to relocate a tenant from our existing portfolio into one of the large units once it has been vacated and then find an occupier for the modern, two storey unit of 25,000 sq ft.

“Food and non-food retailers, trade counter, leisure including gymnasiums as well as industrial or warehouse occupiers are all likely to show strong interest. The building’s layout is ideally suited to sub-division so we can provide accommodation from 6,000 sq ft upwards.”