Titan Works

  • Development
Old Wharf Road, Stourbridge
POA
Price on Application
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  • Development

Titan Works

DY8 4LR
POAi

ABOUT THIS PROPERTY

The property is located on Old Wharf Road which runs west off the A491 Stourbridge to Kingswinford Road known as “High Street”. The junction is approximately 100m north of the Stourbridge ring road and around 500m north of Stourbridge town centre itself. Road links are good with access to the M5 at J3 which is approximately 7 miles to the east. Stourbridge is a town within the Dudley Metropolitan Area and lies to the southwest of Birmingham forming part of the Black Country.The property comprises two land parcels to the north and south of Old Wharf Road respectively as more particularly shown edged red on the plan. To the north, is a collection of industrial/manufacturing buildings together with associated offices which front the A491 High Street. This industrial complex was once the headquarters of a well known local engineering company, Jones & Attwood. The buildings extend to approximately 100,000 sq ft (9,290 sq m) incorporating around 10,000 sq ft of office space. A number of the industrial/workshop units and office suites have been let out on short term, flexible lease arrangements as more particularly described below. The land to the south comprises an open area of car parking land together with a disused weighbridge. The land fronts the Stourbridge Canal and has an unmade stone surface. The area edged blue on the attached plan is currently held leasehold by our clients but the Freehold is also available to any interested purchasers in conjunction with the Titan Works site. This land extends to approximately 1.35 acres (0.55 hectares) and comprises a single storey industrial workshop extending to 11,423 sq ft together with two smaller yards at either end of the building and an area of open storage land between the building and the canal. The site has been promoted through the Black Country Joint Core Strategy which was adopted on 3 February 2011. The site falls within Regeneration Corridor 11b (Brierley Hill to Stourbridge) and lies within an area identified for potential housing growth adjacent to Stourbridge town centre. Given that much of the subject site is now close to being obsolete in terms of its usefulness as industrial and manufacturing facilities, the opportunity would appear to exist for the site to undergo redevelopment for alternative uses in conjunction with the Black Country Joint Core Strategy and, more particularly, the Stourbridge Area Action Plan. There is clearly an emphasis towards the improvement of land around the canal network and this is likely to be a major feature with this site on the basis that the canal runs along the southern boundary. Further planning comments are available within a Planning Statement prepared by the vendor’s planning consultant within the Information Pack. In view of the above planning background, there is considerable opportunity for a comprehensive redevelopment of the subject site to deliver regeneration of this industrial area. The site represents the gateway to further development opportunities along Old Wharf Road. It should be noted that certain buildings on the site have been identified as having historical interest and they may therefore be protected as part of any redevelopment (although none of the buildings on the site are Listed).3.24 acres / 1.31 hectares (as shown edged red on the plan) Further 1.35 acres / 0.55 hectares (as shown edged blue on the plan) also available Circa 100,000 sq ft (9,290 sq m) of buildingsOn application

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