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News Release

Birmingham

Former Sealine Site goes up for sale

as final assets disposed of.


​Birmingham, 30 October 2013 - Strong interest is expected to be received for the former Sealine International complex in Kidderminster, as joint agents, Jones Lang LaSalle and Harris Lamb, begin the marketing process of the 11.38 acre site.

The Sealine manufacturing premises in Whitehouse Road, which is being offered freehold,  was a landmark in the town for 41 years until the company went into administration in April of this year. The brand name was subsequently sold to a pan-European Investment Holding, leaving the premises, which comprises buildings totalling circa. 260,000 sq ft vacant.

The town's MP Mark Garnier, hopes new life will soon be breathed into the existing manufacturing premises and that once again the innovation and enterprise of a company which was able to build ocean going yachts in landlocked Worcestershire, could soon be realised:

"It was a sad day for the town when Sealine closed but I'm confident as we see signs of the economy recovering, the property will once again turn into a thriving industrial complex providing long term employment opportunities for the local community."

Vicky Beach from Jones Lang LaSalle, who have been instructed by the administrators alongside Harris Lamb to dispose of the freehold interest said:

"The premises are being offered as a whole or as three separate parts and we are anticipating there will be a lot of firm interest from both local and national companies, in what is a prime position on the fringe of the town centre.

Premises of this type and size with cranage and high eaves rarely come to the market and as the manufacturing sector is showing signs of a revival we believe there will be a number of competitive tenders for the premises. We hope to bring a positive conclusion to the final chapter in Sealine International's closure."

Jackie Bayliss from Harris Lamb added: "Clearly it is important for Wyre Forest District Council too, that such a prominent industrial complex attracts operators that can offer long term growth for the area after such a significant loss of jobs and we will be liaising closely with parties there in this respect."

Further details on the site can be gained by contacting the joint agents directly or visiting the dedicated website www.sealinekidderminster.co.uk