News

GJS DILLON SELLS BROMSGROVE WAREHOUSE BUILDING

Worcestershire commercial property consultancy GJS Dillon LLP has sold a 2,772 sq ft warehouse building with internal office and storage facilities in Bromsgrove.

Acting on behalf of the vendor Haven House Investments Limited, Claire Juggins of GJS Dillon sold the freehold of Excelsior House, Buntsford Park Road, Bromsgrove, B60 3DX to Stoke Prior-based MDET Limited for £160,000.

The versatile business premises consists of 2,171 sq ft of office space on the ground and mezzanine floors and 601 sq ft of ground floor warehouse space, with eight dedicated car parking spaces.

Excelsior House is located in a prominent position on Buntsford Park Road which is conveniently situated on the outskirts of Bromsgrove town centre, within two miles of Junctions 4 and 5 of the M5 motorway and junction 1 of the M42.

Mrs Juggins said: “Bromsgrove is a prime business location. It has excellent communications, through easy access to the M5, M42, and M40, and to Birmingham, London and international airports. It also has a flexible workforce, a wealthy population and is one of the best places to live in the region and the country.

“The increased take up of Commercial space in the town shows that businesses are aware of the advantages which it offers. At present prices for both office and industrial premises are still a lot lower than in and around the Birmingham conurbation, but this gap will shrink in 2013, so this year represents a real window of opportunity for businesses to make the move to expand into new premises, especially with banks looking likely to lend more.”

With offices in Worcester and Bromsgrove, GJS Dillon LLP is a firm of Chartered Surveyors which offers a comprehensive commercial property service, and unrivalled geographical coverage, throughout Worcestershire and along the M5 and A38 corridors. GJS Dillon can be contacted by telephone on either tel. 01527 872525 or tel. 01905 28684 or by email: info@gjsdillon.co.uk.