Leading oil distributor signs deal at Forge Mills Park

Colliers International has secured the pre-let of a 1.5 acre hard standing open storage compound with ancillary office accommodation to GB Oils Ltd at Forge Mills Park, Coleshill.

The Warrington-based oil distributor has signed a 15-year lease, with five yearly rent reviews.

A secure compound is now under construction and due to complete in September, when GB will take up occupation.  Continue reading

Willmott Dixon lands ‘Best Value’ award for Tamworth school

The Midlands office of Willmott Dixon has scooped an industry award for its construction of the Landau Forte Academy in Tamworth.

The Coleshill-based contractor won the “Value Project of the Year” category at the West Midlands Centre for Constructing Excellence’s annual industry awards.

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Car park sold for £1.1m

A car park close to the Jewellery Quarter in Birmingham has been sold for £1.1 million.

A client of OLIM Investment Managers has acquired the freehold site from a private Irish investor.

Situated on Farm Street, Hockley, the 120-space car park is let to Signet Trading Ltd, the largest retail jeweller in the UK and USA, for £80,859 per annum for a further 18 years.

The site serves as the main car park for Signet’s UK administrative office, which is adjacent to the car park. Continue reading