Acting on behalf of Revelan Group, Jones Lang LaSalle has acquired a 94,121 sq ft industrial facility in Lichfield for an undisclosed sum.
Located on Eastern Avenue, the works/office facility comprises a two-storey self-contained office building with a five-bay factory and adjacent higher bay warehouse. Occupying a 6.5-acre site, the facility is situated a mile north of Lichfield.
Stuart Mair, associate director in Jones Lang LaSalle’s Birmingham office, who advised the purchaser, said: "The property, sold with vacant possession, is situated in a mixed area of industrial and residential accommodation and could be redeveloped into a variety of uses."
The vendor, Wavin UK, was represented by Dove Haigh Phillips.