The 2.35-acre site at Ebury Road in Kings Norton was sold through commercial property agency Bromwich Hardy on behalf of the Fox family, the previous owners.
Jedi Temple Group, which is owned by a Singapore-based group, has purchased the site to establish a metal recycling yard and support a wider expansion strategy across the sector.
Mittal Vora, Chief Financial Officer at Jedi Temple Group, said: “We are pleased to begin operating a metal recycling yard with the acquisition of the property at 24 Ebury Road in Birmingham.
“This acquisition marks the beginning of a broader expansion strategy, with plans to add more recycling yards over time.
“The company remains committed to supporting its customers in their sustainability goals by promoting the principles of reduce, reuse, and recycle.”
The site is located around five miles south of Birmingham city centre and five miles north of Junction 2 of the M42 motorway, providing access to the M5, M6 and M40.
Ed Bunbury, a partner at Bromwich Hardy, added: “This sale once again shows that robust confidence in the industrial property market continues to emerge despite international volatilities.
“Jedi Temple Group is a metals recycling business owned by a Singapore-based group and they were keen to make use of this established site, which already has all the necessary consents.
“24 Ebury Road has a solid concrete base and benefits from an open, lean-to building fitted with solar panels to the north.
“As well as the large open storage space, the front of the site has two temporary office buildings, with car parking, and there is secure gated access from Tunnel Lane.”
Legal advice for the purchaser was provided by Bower Cotton Hamilton, while Talbots Law acted for the vendor.
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