Birmingham-based property company, Hortons’ Estate Ltd has completed works at a new retail park in Oldbury.
The former Toys ‘R’ Us site on Wolverhampton Road near the M5 motorway has been transformed into Birchley Island Retail Park, a 65,000 sq ft development which contains a new standalone Tim Hortons drive-thru restaurant and a B&M store.
Altogether, there are four units on the retail park, ranging in size between 2,800 sq ft and 20,750 sq ft. Hortons’ has constructed two new developments and delivered the subdivision and substantial external refurbishment of the existing retail warehouse to create a further two new units.
The site benefits from improvements to the internal vehicle circulation and the complete refurbishment of car parking facilities. An area of the car park has been let to the EV Network where 12 new EV charging points are to be installed.
B&M opened its new store and 5,000 sq ft ancillary garden centre this week (11 May), while Canadian coffee chain, Tim Hortons has completed fit-out of its new drive-thru restaurant and is set to open to the public in the next few weeks. An existing McDonald’s drive-thru restaurant is remaining open as part of the new scheme.
Just two units remain available for occupation. Unit 3 is a new development of 16,000 sq ft that has been earmarked for leisure use and is currently under offer, while Unit 1 is a retail unit of 20,733 sq ft.
James Slater, head of building surveying and development at Hortons’ said: “We have delivered a high quality development at Birchley Island Retail Park that significantly enhances the local retail offer. It is good to see construction delivered on time and under budget during a very difficult time for the construction industry.”
Steve Tommy, head of asset management at Hortons’ said: “This is a fantastic destination to work, shop and meet, and promises to create new job opportunities for local people. The park’s prime location close to the motorway junction is clearly attractive to occupiers and we look forward to letting the final available unit.”
Simon Smith, director of retail and leisure specialist, Wright Silverwood who is marketing the retail park, said: “We are pleased to have been able to deliver a strong line up of retail and leisure users to the site. We are in positive discussions with a number of potential tenants for the last remaining unit, which is a large, prominent space suitable for a variety of retail occupiers.”
Pictured: (l-r) James Slater and Steve Tommy of Hortons'.