Category: Information & Tips

Take-up of industrial property in and around Worcester increased substantially in 2018, attracting new occupiers and jobs to the city, according to Worcestershire’s largest independent commercial property agency GJS Dillon. Total take-up of industrial property grew by more than 275% in 2018 to 258,921 sq ft in the city of...

A shortage of office and industrial units in Bromsgrove, coupled with high demand for space, pushed up commercial property rents and freehold prices to record levels in the town in 2018, according to Worcestershire’s largest independent commercial property agency GJS Dillon. Only seven months’ supply of industrial property and eight...

A shortage of smaller office and industrial units in and around Droitwich, and elsewhere in the Wychavon District, coupled with high demand for space, pushed up commercial property rents and freehold prices to record levels in 2018, according to Worcestershire’s largest independent commercial property agency GJS Dillon. Wychavon presently has...

With Inheritance Tax being scrapped for main residences valued up to £1 million from April 2020, most family homes will no longer be subject to this tax, but this won’t be the case for rental properties, second homes and most country homes and country estates, says Jonathan Mountford, Director of...

A court decision has emphasised the need for early advice on dilapidations, especially when considering exercising a break in a commercial property lease, says Mark Davies, Director of Building Surveying Services at Worcestershire commercial property consultancy GJS Dillon.   The outcome of the case - Office Depot International (UK) Limited...

Many business owners are unaware that they have to reinstate, repair and re-decorate their commercial property at the end of their lease, or pay the landlord to do it, and end up with a surprise bill, says GJS Dillon Director of Building Surveying Services Mark Davies.   These legal repairing...

Up to four in five organisations will be disappointed with the pay out from their buildings insurance when they look to claim for damage, according to a leading building surveyor.   Mark Davies, Director of Building Surveying Services at Worcestershire commercial property consultancy GJS Dillon, says that the insurance industry...

Sales of Worcestershire offices outperformed lettings in the first three months of 2018, underlining the continuing high demand for freehold office buildings throughout the county, according to one of the county’s leading commercial property agents.   More than 36,000 sq ft of office space was sold in Worcestershire in the first...

Worcestershire industrial and distribution property remains highly sought after with strong, consistent enquiry levels and good take-up across the county, according to one of the county’s leading commercial property agents.   More than 180,000 sq ft of property was let or sold in the first quarter of 2018, following a take-up...

GJS Dillon has brought nearly 14,000 sq ft of refurbished office space onto the Worcester property market to help ease the growing shortage of quality office accommodation in the city and along the M5 corridor. Available over two floors, of 6,736 and 7,174 sq ft, Red Hill House is situated...

The Bromsgrove office market slowed to its lowest take up rate for the past four years in 2017, as economic and political uncertainty prevented occupiers from committing to new premises, according to one of Bromsgrove’s leading commercial property agents. John Dillon, Managing Director at GJS Dillon, says only 23,000 sq...

Worcestershire is facing a record shortage of business accommodation, so is it possible to save money on commercial leases? Here’s four top tips to help before you sign, or better still, before you agree the Heads of Terms on a lease. Take Legal Advice. Instruct an experienced local commercial property...

Amateur property hunters are costing their companies thousands of pounds a year when it comes to acquiring new business premises by not using a chartered surveyor to carry out the search and negotiate the terms, according to one of Worcestershire’s most experienced commercial property agents. John Dillon, managing director at...

A shortage of freehold office accommodation in Worcestershire will push up prices to record levels by the end of 2017, according to one of the county’s leading commercial property agents. John Dillon, Managing Director at Worcestershire commercial property consultancy and Chartered Surveyors GJS Dillon, says that there is less than...

Commercial property landlords are losing out on thousands of pounds in repair bills, warns Worcestershire commercial property consultancy GJS Dillon. Mark Davies, Director of Building Surveying Services at GJS Dillon, which has offices in Droitwich, Worcester and Bromsgrove, says that many landlords are failing to get their tenants to pay...

Some hotspots have seen an uplift of up to 50%, commercial property consultancy GJS Dillon has said. Jonathan Mountford, a director at the firm, said the demand had affected prices of both new and second hand industrial units. With demand still strong from the manufacturing, warehousing and distribution sectors, prices...

Bromsgrove is facing a record shortage of business premises. There is only three months’ supply of manufacturing, warehousing and distribution space available, hindering organisations which require industrial business property from expanding, or from moving into the town, according to one of Bromsgrove’s leading commercial property agents. John Dillon, Managing Director...

Prices for new industrial properties across Worcestershire will set new records in 2017, as the shortage of industrial space on the market continues to worsen, according to one of the county’s leading commercial property agents. John Dillon, Managing Director at commercial property consultancy GJS Dillon Limited, which has offices in...

A £3.5m retail development in Worcestershire has taken a step closer to becoming reality with the beginning of construction work. Commercial property developer, the Hinton Group, has started work on phase one of the development, which will transform the former Market Hall site in Bromsgrove town centre, create new jobs...

Prices for new industrial properties across Worcestershire are set to reach new highs due to the shortage of quality units coming to the market, according to one of the county’s leading commercial property agents. John Dillon, Managing Director at commercial property consultancy GJS Dillon Limited, which has offices in Droitwich,...