Birmingham, Worcester, Stoke on Trent and London!

 


Andy Lamb

24th October, 2011.

Birmingham, Worcester, Stoke on Trent…and London!

By Andrew Lamb, Director.

  

 

 

The route provides 27 miles of privately funded and operated highway from Coleshill in North Warwickshire to Cannock in South Staffordshire.  The road carried an average 47,592 vehicles on weekdays in the summer of 2010  and from my experience of the Toll Road, private cars form the vast majority of the traffic.

The M6 Toll Road was identified as an “M6 Relief Road” to alleviate congestion on the M6, which is something many people feel has not been adequately addressed and, with one way car tolls at peak periods of £5, this is something to be debated elsewhere.

From a property perspective the benefits have probably been more tangible than the traffic improvements.  The southern end of the Toll Road and the ‘T1’ junction close to J4 M6 coincided with some of the latter stage build projects at the Hams Hall National Distribution Park, a 430 acre business park which ranks as one of the best such employment parks in the UK.

Junctions T2 and T3 appear to largely function as commuter gateways for those living to the south and east of Sutton Coldfield from where national motorway access has improved considerably and the effect on house prices has been positive in these areas.

The access to Junctions T4 and T5 at Weeford and Lichfield has given a stimulus to residential and commercial property markets alike with possibly the biggest winner being the 300 acre Fradley Park, where some of the largest distribution buildings in the area have been built with more to come.  We are marketing the new Fradley Prologis Scheme with 70 acres and units to 700,000 sq ft available to be built and which will be on site shortly.

T6 Burntwood, a forgotten part of the West Midlands conurbation 10 years ago for business and for new build residential perhaps, has not quite been “transformed” but certainly “considerably improved”.

T7 & T8 and the Cannock access points to the Toll Road provided the catalyst that has helped to promote the former coal mining town into a first rate employment location.  Significant development of a cross section of employment type accommodation from offices to manufacturing and warehouse operations has bought vitality to Cannock which I think is largely due to the Toll Road passing the town’s doorstep.

For those drivers who still regularly sit stationary on the M6 between junction 8 and 10 bemoaning the state of the traffic and whether the Toll Road has done the job it promised, the tangible benefits are probably in property as much as traffic counts.  The commercial new build and viability of new schemes along the entire length of the Toll Road has been transformed since the road was built.

More of a Press Release I’ll grant you but with Peter’s piece on our Blog about being positive there are a fair few items of news coming out of our Business at the moment which show how much we are looking forward and trying to work for our existing clients advantage as well as looking ahead to working with some new clients.

55 Baker Street is our new London home, 0207 317 4550, whilst the office will initially be a springboard into the London market of existing clients we hope to build and widen our client base from our new office in the Capital.

Working initially alongside our clients Bridgehouse Capital on Baker Street we have a number of key assignments over the next few months with several other key clients that includes several major acquisitions for Dignity Group and Eurocell plus a host of other Rating and Professional jobs for clients in and around London and the South East.

I am confident, and know that with some hard work and added knowledge we will be making a success of our 4th office, it may have taken nearly 20 years but building a Practice that gives advice nationally with a personal service has always been at the root of what we want to do.

Andrew Lamb


If you are thinking of relocating, selling or letting your commercial property, or if you just need some general advice, Andy would be eager to speak with you. Call him on 0121 4559455 or email andrew.lamb@harrislamb.com.           

Disclaimer: The views expressed within this article or weblog (‘blog’) are the personal views of the contributors and authors only and do not necessarily reflect the views of any named companies or their employees.