Opus Land has announced the first pre-let on a 10-acre site in Erdington which it purchased only two months ago.
Selco Trade Centres – the UK’s fastest growing trade only builders’ merchant with a network of trade-only self select warehouses throughout England and Wales - has taken a 20-year lease on a 37,738 sq ft trade centre at £7.35 per sq ft at Omega Park. The site is to be re-named ‘Opus Aspect’.
Opus is to invest some £1.6 million in the trade outlet, to be built to Selco’s corporate specifications and with planning permission already submitted and work is scheduled to begin in October.
Opus Aspect - previously home to engineering giant, GKN and later acquired by Wilson Bowden - was sold by Clowes Development to Opus earlier this year.
Opus Development Director and joint owner, Gareth Williams, said: “Opus Aspect offers the unique combination of a strategic location on one of the UK’s busiest motorway junctions, within only minutes of Birmingham’s city centre – an attractive prospect, which is already attracting a high degree of interest from a range of operators, both regional and national.”
Opus Aspect is being developed with the support of the Palmer Capital Development Fund.
Agents are King Sturge & GVA Grimley.