Industrial estate sold in near-£7m deal
A Black Country industrial estate has been sold in a deal thought to be worth close to £7m.
The 7.32-acre Watery Lane Industrial Estate, Willenhall, has been sold by Brierley Hill-based Hovi Developments to an undisclosed buyer. Hovi was advised by Colliers International.
The value of the deal has not been disclosed but the business park had been on the market with an asking price over £6.85m.
Given the demand for such space across the region then the site is expected to have attracted its target price.
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