Large brownfield site with strong redevelopment potential for investors or developers.
Approximately 1.4 acre freehold site
A substantial 1.4-acre freehold industrial site in Studley, Castle Works comprises approximately 32,000 sqft of mixed warehouse and office buildings. The property offers immediate scale and road links to the A448/A435 corridor, presenting clear potential for commercial use, refurbishment, or residential and mixed-use redevelopment subject to planning permission.
The site is part-let: Bay 4 provides a small income (£18,300 pa combined) with the remainder available with vacant possession. Buildings are predominantly early-to-mid 20th century factory construction with corrugated asbestos cement roofs and a variety of warehouse bays and welfare facilities. Mains services are understood to be available; EPCs are to be confirmed.
This opportunity suits investors or developers seeking a large, well-located brownfield site with redevelopment upside. Material considerations include the age and condition of existing buildings, the presence of asbestos cement roofing requiring specialist removal or encapsulation, and the need for planning consent for change of use. Buyers should allow for refurbishment, decontamination and remediation costs alongside any conversion or demolition works.
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