A development of small industrial units is being planned in Birmingham after a property deal.
Key Land Capital has purchased Kestrel House, a 16,600 sq ft unit in Aston, for £700,000.
The building, in Aston Brook Street East, is the former headquarters of E-shopfitting, a wholesaler of shop fittings and sign equipment.
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The three-storey property was originally built in 1900 and comprises a variety of buildings which have been acquired and adapted over time.
It includes a showroom, stores and offices and links to adjacent warehousing, workshops and outbuildings.
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Birmingham-based Key Land Capital is now planning to completely redevelop the site including renovating Kestrel House and demolishing other buildings on the plot.
Managing director Kevin Sharkey said: "Aston is an area we have previously invested in and we see the site as offering a significant opportunity to add value.
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"We plan to develop the site to provide a number of new-build, high-quality smaller industrial units.
"We will be retaining part of the site, the unit on Aston Road, and refurbishing this to provide a new trade counter-warehouse unit."
A planning application will be submitted to Birmingham City Council in the coming weeks with work expected to start on site in 2021.
Jewellery Quarter-based agency Siddall Jones acted for owner SIPP on the sale.
Managing director Edward Siddall-Jones said: "The sale reflects the continued demand for industrial accommodation within the city.
"The Kestrel House site benefits from excellent communication links being situated next to the Aston Expressway and this will allow the purchaser to reconfigure the site to accommodate today's modern warehouse and trade counter users."