DEMAND FOR WORCESTERSHIRE INDUSTRIAL PROPERTY REMAINS STRONG
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 Brings Refurbished Worcester Office Space To Market To Help Ease Office Shortage
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...
Brexit Fears Slow Bromsgrove Office Market To Lowest Take Up For Four Years
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...
Four Ways To Save Money Before You Sign A Commercial Lease
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 Cost Businesses Dear
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...
Worcestershire Freehold Office Shortage To Push Up Prices
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 Losing Thousands On Repair Bills Warns GJS Dillon
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...
Strong Demand Drives Up Commercial Prices By 50% In Worcestershire
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...
Record Shortage Of Business Premises
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...
Worcestershire Industrial Property Set For 2017 Record Prices
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...
Work Starts On £3.5 Million Waitrose Development
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...
New Worcestershire Industrial Property Set To Reach Record Prices
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,...
Brexit 8 Weeks On – The Worcestershire Commercial Property Market
So far Brexit is not having a negative effect in the Worcestershire commercial property market, according to one of the county’s leading commercial property agents. John Dillon, Managing Director at commercial property consultancy GJS Dillon Limited says that despite the national property press talking about uncertainties with commercial property funds...
GJS Dillon Warns About The Dangers Of Underinsured Commercial Property
Worcestershire commercial property consultancy GJS Dillon is warning local business owners and commercial property landlords about the dangers of underinsuring their buildings in the event of a major loss. Eighty per cent of commercial buildings are underinsured, according to GJS Dillon Director Jonathan Mountford. “Most businesses would not survive a...
Demand Remains High For Worcestershire Industrial Space With Two Sales of 4,000 Sq Ft Units
Demand for industrial units in Worcestershire remains strong, as supply continues to tighten, according to Worcestershire commercial property consultancy GJS Dillon Limited, which has sold two industrial units of nearly 4,000 sq ft in Bromsgrove. Acting on behalf of Hart Bros International, Sandy Macpherson Commercial Negotiator at GJS Dillon, has...
Demand Continues To Strengthen For Industrial Space With Two Deals For 10,000 Sq Ft Units
Demand for larger industrial units in Bromsgrove and Worcestershire remains strong, with a potential shortage looming, according to Worcestershire commercial property consultancy GJS Dillon Limited, which has let two industrial units of around 10,000 sq ft on the town’s Saxon Business Park. Acting on behalf of a private landlord, John...
Demand Will Remain High For Worcestershire Freehold Commercial Property in 2016
A shortage of offices and industrial units in Worcestershire means continuing upwards pressure on prices throughout 2016, as demand for commercial property remains strong, 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 Worcester...
“Best Time To Sell” As Demand Outstrips Freehold Supply
A shortage of offices and industrial units in Worcestershire is putting upwards pressure on prices as demand for commercial property remains strong, according to one of the county’s leading commercial property agents. John Dillon, partner at commercial property consultancy GJS Dillon LLP, which has offices in Worcester and Bromsgrove, says...
Developer Is Selected For Market Hall Site
A preferred developer has been chosen for the former Market Hall site. In 2012, the Advertiser reported that a preferred bidder, Opus, had been chosen for the site between Hanover Street, St John Street and Market Place, including George House. The site was proposed to become a cinema with high...
Lack Of Property Planning Endangers Business Growth
A Worcestershire Chartered Surveyor who specialises in commercial property is warning the county’s businesses that their future growth plans could be scuppered by a failure to find larger business premises. John Dillon, partner at commercial property consultancy GJS Dillon LLP, which has offices in Worcester and Bromsgrove, says that with...