Willenhall locks firm ERA puts old factory site up for sale
A historic locks firm ERA gears up for its move from Willenhall to the i54 site, the company has put its old premises up for sale.
It is being marketed by property agents Harris Lamb as a 'freehold warehouse site'.
No price tag is being revealed by the agents but it is thought they will be looking for offers in excess of £1.5m.
After nearly two centuries in the town, ERA is expecting to move into its new purpose-built manufacturing, R&D and distribution headquarters at i54 in Wolverhampton in October.
The new building is around 135,000 sq ft, twice the size of ERA's old premises in Straight Road, in Short Heath, which will be left vacant by the move.
The transfer will affect around 150 people working across ERA's three existing sites in the region.
Charles D’Auncey, a director at Harris Lamb, said: “With the imminent fit-out and relocation to i54, Harris Lamb is now marketing the 62,000 sq ft site in readiness for ERA's vacation of the site.
“Occupying a prominent position within 2.5 acres, the secure, ring-fenced site benefits from several access points. It offers excellent transport links to the rest of the UK, being located less than two miles from Junction 10 of the M6, making it an ideal location for a manufacturing and distribution hub.
“While the property is currently being used as a manufacturing facility, the site has the potential to subdivide or redevelop and is suitable for alternative uses subject to planning permission, and would suit owner-occupiers, property companies or investors seeking an opportunity to maximise on the continuing high demand for industrial stock within the Black Country,” he added.