1 Papermill Dr 12,855 SF Vacant Office Building Redditch B98 8QJ £1,125,000 (£87.51/SF)

INVESTMENT HIGHLIGHTS

  • Easy access to the Junction with the Coventry Highway
  • Close to Redditch Town Centre
  • Excellent road communications

EXECUTIVE SUMMARY

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).

PROPERTY FACTS

Sale Type
Owner User
Property Type
Office
Tenure
Freehold
Building Size
12,855 SF
Building Class
B
Year Built
2000
Price
£1,125,000
Price Per SF
£87.51
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
4,285 SF
Building FAR
0.15
Lot Size
1.95 AC
Parking
50 Spaces (3.89 Spaces per 1,000 SF Leased)

AMENITIES

  • Raised Floor
  • Security System
  • EPC - C
  • Central Heating
  • Demised WC facilities
  • Fully Carpeted
  • Lift Access
  • Shower Facilities
  • Suspended Ceilings
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • Ground
  • 4,285 SF
  • Office
  • Full Build-Out
  • Now

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).

  • 1st Floor
  • 4,285 SF
  • Office
  • Full Build-Out
  • Now

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).

  • 2nd Floor
  • 4,285 SF
  • Office
  • Full Build-Out
  • Now

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).

Space Size Space Use Condition Available
Ground 4,285 SF Office Full Build-Out Now
1st Floor 4,285 SF Office Full Build-Out Now
2nd Floor 4,285 SF Office Full Build-Out Now

Ground

Size
4,285 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size
4,285 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
4,285 SF
Space Use
Office
Condition
Full Build-Out
Available
Now
  • Listing ID: 32742354

  • Date on Market: 09/08/2024

  • Last Updated:

  • Address: 1 Papermill Dr, Redditch B98 8QJ