5 reasons why you should have a Commercial Property Valuation
In 2023, office headline rents in Worcestershire went up by 6.9% and industrial headline rents increased by 13.2%. There was also an increased spotlight on rental properties in the current economic client. Meanwhile yields from commercial property are rising because of inflation. So how can a Commercial Property Valuation help...
GJS Dillon helps thriving creative hub expand offer to Worcester community
A popular hub for Worcester’s thriving freelance creative and tech community is set to expand into the building next door with the support of GJS Dillon. The deal will enable The Kiln to expand its space for hotdesking, meetings and events across both 2 and 4 Copenhagen Street in Worcester city centre. ...
Worcestershire’s key employment land is being lost to residential development says GJS Dillon
Worcestershire’s commercial property market performed better than predicted during 2023 according to a newly published report. However business growth is being stifled by the lack of quality accommodation. While take up of office space increased by 21%, the industrial market stagnated with demand far outstripping supply. Speaking at the launch...
5 reasons why you should have a Reinstatement Cost Assessment
Robert Cant, GJS Dillon’s Associate Director of Commercial Building Surveying outlines his 5 reasons for having a Reinstatement Cost Assessment: If you’re underinsured, this leaves you exposed to huge losses in the event of a claim.A Reinstatement Cost Assessment (RCA) includes not just the building, but the full cost of...
GJS Dillon promotes Anneka Wilks to Associate Director
GJS Dillon is delighted to announce the promotion of its Senior Surveyor Anneka Wilks to Associate Director, Valuations and Professional Services. Anneka, who is a qualified Chartered Surveyor and RICS Registered Valuer, joined the Worcestershire commercial property consultancy in September 2022. At GJS Dillon she undertakes a wide range of...
SIPPs, SSAS and Commercial Property – why you need Valuations to avoid hefty fines
If you are evaluating how to maximise the tax-efficiency of your pension, you may be considering a Self-Invested Personal Pension Scheme (SIPP) or a Small Self-Administered Scheme (SSAS). It is now commonplace to buy commercial properties and then put the property into one of these schemes. A SIPP or SSAS allows you...
House Surveyors continue to reach new heights
2023 was an exceptionally busy year for the House Surveyors, GJS Dillon’s Residential Surveys and Valuations business. The images shown represent just a small example of the wide variety of properties surveyed last year, ranging from half-timbered farmhouses and barn conversions to standard suburban houses. This reflects the breadth of...
Dilapidations disputes on the rise as some Landlords try to exploit tenants at Lease end
In simple terms, dilapidations’ clauses represent the exit costs for a tenant at the end of their commercial lease. According to the terms of their lease, tenants are expected to return the property to the landlord in exactly the same state of repair. However, in recent months there has been an...
My top 5 Property Predictions for 2024
John Dillon, GJS Dillon's Managing Director, lists his top 5 predictions on how Worcestershire's Commercial Property market will perform in the coming year: The continued shortage of industrial accommodation in the County of Worcestershire will result in high take-up levels throughout 2024, with rents staying at historically high levels.Quality office...
Graduate Surveyor acquiring new skills at GJS Dillon
Young people often find it difficult to acquire the skills they need to follow their chosen career path. This was the case for Kyle Pugh who was about to move from Worcester to London in 2021 to pursue his dream of becoming a Surveyor. But then he spotted a Graduate...
GJS Dillon continues to recruit and build on success
GJS Dillon is delighted to welcome Rob Cant who is taking up the post of Associate Director of Commercial Building Surveying. Rob has over 25 years’ experience as a Building Surveyor, having specialised in retail and commercial properties. He began his career as a Quantity Surveyor, working on prestigious projects...
Bromsgrove’s consistently high rental performance means Landlords should broaden horizons on suitable occupiers
Acting on behalf of the Landlord, Worcestershire commercial property consultancy GJS Dillon has let some large detached modern offices in Bromsgrove to a specialist school providing bespoke education services. The ground floor of Corbett House measures 7,976 sq ft and consists of a modern detached single-storey office building of brick...
Freehold industrial property reaching record prices in Redditch
The sale of the freehold of an industrial property in Redditch has been successfully negotiated by GJS Dillon. Acting on behalf of the vendor, Kyle Pugh, Graduate Surveyor at GJS Dillon, sold 54 Enfield Industrial Estate Redditch to a private investor. The 2,642 sq ft mid-terrace property, which consists of an open...
GJS Dillon helps growing Bromsgrove company expand into new premises
Acting on behalf of a private investor, Worcestershire commercial property consultancy GJS Dillon has sold the freehold of an industrial unit in Bromsgrove to a national specialist water and wastewater contractor. Kyle Pugh, Graduate Surveyor at GJS Dillon, sold Unit A Sorenson House to Watertight Management. The 3,592 sq ft warehouse/industrial premises...
Remembering Lynne Davies
We are very sorry to announce that Lynne Davies passed away recently. Lynne was our former Practice Manager and worked at GJS Dillon from 2010 until 2020 when she retired. John Dillon, Managing Director of GJS Dillon says 'Many of you will remember Lynne because she played a key role...
GJS Dillon appointed to market premier office space in heart of Worcester’s City centre
GJS Dillon has been appointed to market premier office space in Worcester which has been shortlisted for two regional property awards. Vinegar Works in Foregate Street offers the best office space in the city, the building having been refurbished to an exceptionally high standard. The newly developed property has recently...
GJS Dillon signs up to Prompt Payment Code
In a recent UK business survey carried out by Time Finance, 75% of respondents said that their biggest concern was cashflow as a direct result of overdue invoices from their customers. The survey also revealed that chasing payments was damaging relationships for 17% of businesses while 8% said that the...
Record year for GJS Dillon’s Commercial Valuations team
2023 has been a record year for our Commercial Valuations team so far with a total of 139 valuations undertaken from 1st January to 30th September. The team, led by GJS Dillon’s Valuations and Professional Services Director Jonathan Mountford, acted for most of the big High Street Lenders as well as for a number...
Unprecedented demand for brand new industrial scheme in Bromsgrove
Quality industrial accommodation is transacting so well in Bromsgrove that 17 out of 19 brand new units will have already been let on completion of a development. The new development at Phase 2 of Sapphire Court in Bromsgrove Enterprise Park consists of 19 individual premium quality industrial/warehouse units. The units...
GJS Dillon recruits new team members to support continued growth
GJS Dillon is continuing its focus on growth and is delighted to welcome Susanne Phipps and Roy Wilkes who have joined the Commercial Agency team along with Sarah Gibson who is a new addition to the Asset Management team. Both Susanne and Roy are working alongside Andrew Lewis, GJS Dillon’s...