1 Paper Mill Drive, Redditch, B98 8QJ

Welcome to this stunning office property located on Paper Mill Drive in Redditch. This detached three-storey office is situated on a large landscaped plot, offering a serene and professional environment for your business activities.

Spanning an impressive 12,855 sq ft, this property provides ample space for various office needs. The site area of 1.95 acres (0.78 acres).

One of the standout features of this property is the 50 car parking spaces available, making it convenient for both employees and clients to visit without any parking hassles.

Being offered as a freehold property, this office presents a fantastic opportunity for ownership and long-term investment. Additionally, the potential for a change of use, subject to planning permission, opens up a world of possibilities for the future of this space.

Don't miss out on the chance to own or rent this exceptional office property in Redditch. Contact us today to arrange a viewing and explore the endless potential this property has to offer.

Location - The Property fronts on to Paper Mill Drive adjacent to the Junction with the Coventry Highway (A4023).

Redditch Town Centre is approximately one mile to the west with Junctions 2 and 3 of the M42 being within five miles of the Property.

The surrounding uses include residential to the north, commercial to the east and west and Arrow Valley Country Park to the south.

Description - The Property is a modern three storey purpose-built Office on a large, landscaped plot with a substantial car park accessed via a crossover on Paper Mill Drive.

The Property is well specified throughout with suspended ceilings incorporating inset lighting, air conditioning and raised access floors.

The Net Internal Area (NIA) is approximately 12,885 sq ft (1,197 sqm) with the Gross Internal Area (GIA) being some 15,839 sq ft (1,472 sqm).

The total site area extends to approximately 1.95 acres (0.78 hectares).

Asking Price - £1,100,000

Asking Rent - £105,000 per annum based on a Full Repairing and Insuring Lease for a term of 3 or more years.

Vat - The Property is elected for VAT.

Services - All mains services are available.

Legal Fees - Each party to pay their costs.

Rateable Value - £113,000

Epc - TBC

Anti-Money Laundering - In accordance with Anti-Money Laundering Regulations, we require two forms of Identification and confirmation of source of funding from all Purchasers.

Viewing - Strictly by appointment with our Office on or via our Joint Agents David Brown Property.

Tenure - virtual Freehold with 999 year lease in place.