Rare freehold warehouse site for sale

By Liza Helps, Property Editor Logistics Matters

Chris Davies, a director of Watling Real Estate, said: “This is a rare freehold opportunity to purchase a substantial industrial property which is suitable for owner occupation but will also appeal to the investor and developer marketplace given its size and location."

Medco House sits on 6.86-acre plot in Bordesley Green and is being sold on behalf of the joint administrators of Connect Distribution Services, Alvarez & Marsal. Watling Real Estate is advising on the sale.

“Medco House is adjacent to the proposed Birmingham Wheels redevelopment site, a 40 acre parcel of land earmarked for industrial, and employment uses, which is less than four miles from Junction 6 of the M6 Motorway.”

“Given the strong pent-up demand for industrial premises across the Midlands region, coupled with the redevelopment potential the site offers, we are anticipating strong interest from a range of parties looking to secure an opportunity of this scale.”

Watling Real Estate was created on 1 June 2023 by a management buyout, supported by Bassi Capital, of the real estate restructuring division of Avison Young. 

Connect Distribution Services specialised in the sale of appliance spare and accessories to the trade and public. It went into administration in March this year and was acquired by Screwfix. The Kingfisher subsidiary completed a £3m deal for the stock, intellectual property, contracts, and fixed assets of Connect Distribution Services, and transferred 400 employees to the group.