News

Worcestershire commercial property consultancy and Chartered Surveyors GJS Dillon has let a Redditch office building in less than one week on behalf of a major developer.

Acting on behalf of St Modwen, Charlie Green, commercial negotiator at GJS Dillon, let 7 The Oaks, Clews Road, Redditch, B98 7ST, to Cava Security Services Limited, on a new lease at a guide rent of £15,000.

Unit 7 is a 1,369 sq ft, modern, purpose built, end of terrace, two storey office building, situated at the centre of The Oaks office scheme, a modern development situated to the east of Clews Road within the Woodrow district of Redditch, located approximately 1½ miles south of Redditch town centre and within 5½ miles of Junction 2 off the M42.

Mrs Green says: “With an office vacancy rate of only 5.4% in Redditch pushing up rents by around 10% a year, it’s no wonder that this modern, well located office building was snapped against good competition less than a week after going on the market.  Redditch is an excellent business location with first-rate communications and a flexible workforce.

“St. Modwen is one of the county’s most active developers and it was a pleasure to work alongside their Asset Management team to achieve a good result for all parties in such a short space of time.”

Gemma Butler, Asset Manager at St Modwen, says: “We are delighted that GJS Dillon secured a new tenant for our office in Redditch within such a short timeframe.  This is not only a testament to the strength of the office market but to the professional service received from GJS Dillon during this matter.”

Further information about offices to let in Redditch, Bromsgrove and North Worcestershire is available from Charlie Green on tel. 01527 872525 or email charlottegreen@gjsdillon.co.uk or via https://gjsdillon.co.uk/property_type/office

With offices in Bromsgrove, Droitwich and Worcester, GJS Dillon is the largest firm of Chartered Surveyors headquartered in Worcestershire.  It offers a comprehensive commercial property service, including commercial agency, acquisition and business relocation, commercial property management, valuations, building consultancy and landlord and tenant rent reviews, and unrivalled geographical coverage, throughout Worcestershire and along the M5 and A38 corridors.

Picture caption: 7 The Oaks, Clews Road, Redditch.