Goold Estates

Goold Estates completes construction of new West Midlands warehouse

Investment and development company Goold Estates has completed the construction of a new warehouse unit in the West Midlands for a manufacturer of refuse collection vehicles.

Dennis Eagle is an existing tenant at Beecham Business Park in Aldridge with a 26,286 sq ft unit, and is expanding its operations into the new 9,120 sq ft space.

Main contractor, Amphion Construction, delivered the unit a month ahead of schedule and completed a full fit-out programme.

The company has taken a 10-year lease on its existing unit and agreed a 10-year lease on the new one at an agreed rent of £63,840 per year.

Beecham Business Park was acquired in 2017 for £2.4m by Goold Estates and is fully let with 15 tenants, including Sleep Design and Westway Nissan.

Dominic Goold, managing director at Goold Estates (pictured above, centre), said: “Construction of the new unit at Beecham Business Park marks another major investment by Goold Estates and completes the redevelopment of Beecham Business Park. 
“We are delighted to have secured Dennis Eagle for 10 more years in their existing unit and the new warehouse, which will give them prominence at the front of the estate, overlooking a busy route in and out of the borough.”

Geoff Rigg, aftermarket director at Dennis Eagle, added: “Aldridge has served us well over the years, so expanding at this site was an easy decision and the process was straightforward, thanks to the professionalism of Goold Estates. 

“We use the existing Aldridge facility for a range of activities, from repair and maintenance of vehicles to training, but our aftermarket services have expanded significantly in recent years and we need more room. 

“The new unit suits our requirements perfectly.”

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