Demand Leads To Growing Shortage Of Industrial Stock
Demand for both industrial and office space increased significantly in Worcestershire in 2014, according to 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 that the Worcestershire commercial property market has...
The Industrial Property Sweet Spot
Freehold industrial warehouses of up to 35,000 sq ft have become manufacturing and distribution businesses’ sweet spot, as one site sells within just 48 hours. Banks are “very keen” to lend to businesses that will buy and occupy industrial properties, according to GJS Dillon. And with limited stock on the...
Town Centre ‘Care Village’ Gets The Green Light
BROMSGROVE planners have unanimously given the green light to a care village development near the town centre. At the last meeting of Bromsgrove District Council's planning committee, held at the Council House on Monday, (February 2), the application from Aspen Retirement Ltd was considered. The scheme proposed the building of...
Cordwell Selected For Bromsgrove Gateway Scheme
Worcestershire property group Cordwell has been appointed by Bromsgrove District Council to work on the development of a new gateway to the town. The council approved the disposal of Stourbridge Road car park to Cordwell, which was selected from seven parties to put forward plans for the site. The development...
Growth Could Be Stifled With Shortages Predicts GJS Dillon
Growth in the commercial property market in Worcestershire could be stifled in 2015 through lack of supply, according to forecasts by leading Midland independent property consultancy GJS Dillon. The strengthening warehouse and industrial markets are being put at risk by a lack of supply, particularly in the medium-sized 20,000 to...
GJS Dillon Predicts Increased Warehouse & Industrial Property Demand Throughout The County
The commercial property market in Worcestershire will be driven by improvements in industrial and distribution markets for the remainder of 2014 and into 2105 according to optimistic forecasts by leading Midland independent Property consultancy GJS Dillon. The strengthening warehouse and industrial markets will be backed up by significant improvements in...
GJS Dillon Predicts Commercial Property Growth In 2014
The property market is set for across-the-board growth throughout Worcestershire according to an optimistic forecast by leading Midland independent property consultancy GJS Dillon. The firm is predicting significant improvements in the markets for office space, industrial and warehouse accommodation and residential development land as the economy continues its recovery and...
Bromsgrove Industrial Units Remain Strongly Sought After
Worcestershire commercial property consultancy GJS Dillon LLP has disposed of two industrial units in Bromsgrove, each of more than 3,000 sq ft. Acting on behalf of a private vendor, the Bromsgrove office of the chartered surveyors sold the freehold of Unit 10C, Buntsford Park Road, Bromsgrove, B60 3DX to Bromsgrove-based...
Demand Strengthening For Bromsgrove Office Space
Demand for smaller office units in Bromsgrove is strengthening, according to local commercial property consultancy GJS Dillon LLP, which has just has sold two office buildings in the town after going to final and best offers. “The rate of sales of smaller office units in Bromsgrove is increasing rapidly as...
Demand For Industrial Units Outstrips Offices
The industrial manufacturing and warehousing sector is very active, while the office sector continues to recover, writes John Dillon, managing director of Bromsgrove-based JP Dillon Commercial Property Consultants, about the Worcestershire commercial property market. There is a significant demand for good quality industrial units of between 10,000 sq ft and...
Politicians And Landowners Can Boost Worcestershire Distribution Jobs, Says County’s Property Expert
Politicians and landowners will have to work together to bring new jobs to Worcestershire, or risk the county missing out on the boom in internet shopping and the consequent rise in demand for large distribution centres, according to John Dillon, managing director of specialist Worcestershire property consultancy JP Dillon Commercial...
Industrial Market Still ‘King’ But Office Market Improving In Redditch And Bromsgrove
The industrial market might remain king in Redditch and Bromsgrove, but the office market is now the queen, according to John Dillon, managing director of Bromsgrove-based property consultancy JP Dillon Commercial Property Consultants. “Manufacturing continues to bounce back with an increasing number of industrial units coming onto the market and...
Demand For Industrial Units Growing, But Office Market Slow
The Worcestershire commercial property market reflects the national economic situation, with manufacturing improving and the services sector flat, according to John Dillon, managing director of specialist Worcestershire property consultancy JP Dillon Commercial Property Consultants. “Manufacturing is bouncing back across the county with an increasing number of industrial units coming onto...
Strong Prices Achieved For New Small Industrial Units Underscores Bromsgrove’s Popularity As Distribution And Manufacturing Location
Good prices are being achieved for new small freehold industrial property in Bromsgrove, making it one of the most expensive locations along the M42/M5 corridor, but this is in contrast to leasehold property in the town, which is proving harder to dispose of, says a leading Bromsgrove property agent. According...