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SOLD STC

1 Paper Mill Drive, Redditch, B98

£950,000

£73.73 per sq ft

Business rates & charges may apply

GJS Dillon Ltd, Droitwich
SIZE AVAILABLE

12,885 sq ft

1,197 sq m

SECTOR

Commercial property for sale

Key features

  • Guide Price - £1,350,000, reflecting a NIY of 8.85%
  • Producing £119,520 per annum (net)
  • Let to Stantec UK Ltd on a lease expiring July 2026
  • 11,952 sq ft (1,110.37 sq m) NIA
  • Situated in Redditch, adjacent to A4023
  • Opportunity to purchase the freehold
  • Suitable for Permitted Development

Description

Sold to an investor following a successful letting

The property is a modern purpose-built office building situated in landscaped grounds with good on-site parking provision. The building is arranged over the ground, first and second floor and extends to 12,885 sq ft (1,197 sq m) NIA.

Brochures

1 Paper Mill Drive, Redditch, B98

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Redditch Station1.5 miles
  • Alvechurch Station3.5 miles
  • Wood End Station3.6 miles

Notes

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Disclaimer - Property reference 8562FH. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by GJS Dillon Ltd, Droitwich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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