Site known as 25 Tollhouse Way, Smethwick, B66 1HJ

An opportunity to acquire a cleared/open site extending to approximately 0.34 acres, offering substantial development potential in a strategically positioned location within Smethwick. The site is considered suitable for a range of uses, including residential, commercial or mixed-use development, subject to obtaining the requisite planning permissions.

From a planning perspective, the site is located within an area undergoing continued regeneration and intensification, with nearby schemes evidencing a precedent for redevelopment and change of use. Interested parties are encouraged to undertake their own due diligence in respect of planning policy; however, the site is considered to have favourable prospects for securing consent, subject to scheme design and compliance with local authority requirements.

The surrounding area is characterised by a mix of established residential neighbourhoods, employment uses and emerging redevelopment sites, underpinning the site’s long-term viability. Ongoing public and private sector investment is driving socio-economic improvement, which is expected to support future capital value growth and rental demand.

Given its location, scale and planning context, the site presents a compelling opportunity for developers and investors to deliver a scheme capable of generating strong risk-adjusted returns, with potential for both near-term development and longer-term value uplift.

Location
The property is situated on Tollhouse Way in Smethwick, within an established commercial and industrial location approximately 3 miles north west of Birmingham City Centre.

The property occupies a highly accessible position with strong connectivity to the regional and national transport network. The site benefits from proximity to key arterial routes including the A41 and M5 motorway (Junction 1), together with convenient access to local rail services providing direct connections to Birmingham city centre and the wider West Midlands conurbation.

The surrounding area comprises a mix of industrial, trade counter and commercial occupiers. The location is well served by public transport, with regular bus services operating nearby and Smethwick Rolfe Street and Smethwick Galton Bridge railway stations located within close proximity, providing direct services to Birmingham and the wider West Midlands rail network.

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Services
Interested parties to rely on their own investigations.

Basis of Sale
Offers are invited by informal tender no later than 12pm on Thursday 30th April.

Prospective purchasers are to to provide the following with their offer:

- Proof of funds
- Track record
- Scheme proposals including details of the advisors and consultants being used (if applicable)
- The conditions attached to the offer
- Timescales proposed