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Economic Development

Water company Severn Trent to offload 19-acres of land across the Midlands

The company is looking to dispose of four non-operational sites across the region

Water and sewage company Severn Trent wants to dispose of 19-acres of land(Image: Rui Vieira/PA Wire)

Water and sewage business Severn Trent is looking to offload 19-acres of land across the Midlands as part of a 'disposal programme.'

The company - which is headquartered in Coventry - is looking to dispose of four non-operational sites across the region, in Oldbury, Stoke-on-Trent, Stone and Sutton-in-Ashfield.

The sites which are surplus to the company's requirements are:

  • 8.5 acres of land on Roway Lane in Oldbury, four miles from Junction 2 of the M5 - this site has prospects of residential development.
  • 4.3 acres of land on Uttoxeter Road in Stoke-on-Trent, close to the former Meir depot - this land could accommodate several uses, including employment, quasi retail and residential development.
  • 0.73 acres of industrial development land in Pirehill, Stone, on the corner of Beacon Road and Brooms Road - this site has 'excellent' prospects for a range of employment uses.
  • 5.55 acres of greenfield land in Sutton-in-Ashfield immediately south of the sewage works - this site has the potential for employment development use.

Property company Carter Jonas has been instructed to market the land on behalf of Severn Trent.

Caroline Penn-Smith, partner, commercial, Carter Jonas Birmingham, said: "There is a healthy demand for development land within the region and each of these sites offer excellent prospects to potential purchasers.

"Thanks to their historic use within the Severn Trent portfolio, each has the advantage of being well located and accessible, within easy reach of wider infrastructure networks and employment areas.

"The properties are likely to appeal to a wide range of investors and developers, especially given the variety of land available. We have already received interest from several different parties attracted to their prominence and connectivity."