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1 Papermill Dr
Redditch B98 8QJ

Office Property For Sale

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
$1,992,737 CAD
Price Per SF
$155 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
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
  • Energy Performance Rating - C
  • Central Heating
  • Demised WC facilities
  • Fully Carpeted
  • Direct Elevator Exposure
  • Shower Facilities
  • Drop Ceiling
  • Air Conditioning
  • Listing ID: 32742354

  • Date on Market: 2024-08-09

  • Last Updated:

  • Address: 1 Papermill Dr, Redditch B98 8QJ

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