Work is underway to deliver a multi-million-pound development of small industrial units in Birmingham.
Key Land Capital is redeveloping the site of Kestrel House, at Aston Brook Street East, in Aston, after gaining planning consent from Birmingham City Council
The plans include seven new build, high quality class E and B2-usesmall industrial units. The company hopes to complete construction by Q4 2022 (CHECK). Construction contractor IDEASE Construction has been instructed to deliver the project.
The Birmingham-based independent property development and investment company acquired Kestrel House, a 16,600 sq ft unit on a 0.42 acres site for £700,000, last year.
Kestrel House is the former headquarters of Hobday Ltd, which traded as E-shopfitting, wholesalers of shop fittings and sign equipment. The three-storey property was originally built in 1900 and comprises a variety of buildings, which have been acquired and adapted over time. It includes a showroom, stores and offices and links to adjacent warehousing, workshops and outbuildings.
Key Land Capital managing director Kevin Sharkey said: “It’s always an exciting moment when plans reach fruition and work finally starts on site.
“We are confident the units will be popular with companies looking for high quality accommodation in a great location with excellent transport links. Aston is an area we believe has enormous potential and we will continue to invest in the area.”
The development area is suitably located within the strategic network to benefit from excellent transport connections including public transport, motorway networks and arterial routes in and out of the city.
The redevelopment of the site provides a much-needed supply of employment land, with attractive and desirable investment opportunities, which act as the platform to support business operations, enabling economic growth.