- A modern urban industrial estate in Winson Green
- 10,000 sq ft across six light industrial units
- Fully let to four occupiers
Loop Asset Management has acquired Units 1–6 Great Western Close in Winson Green, Birmingham, on behalf of its capital partner.
Built in 2006, the estate comprises approximately 10,000 sq ft across six light industrial units on a secure 0.6-acre site, with units ranging from 1,400 sq ft to 2,080 sq ft. It sits three miles north-west of Birmingham city centre, outside the city's Clean Air Zone.
Demand for small, secure units across inner Birmingham remains strong, and tenants have been on the estate for an average of nine years. Lease events across all six units over the following 18 months provide near-term asset management opportunities.
Great Western Close was Loop's fourth acquisition in just over a year, taking the portfolio under management to 87,000 sq ft. Avison Young, Gowling and RLB advised Loop. AP Investment acted for the vendor.