Redditch HQ building put up for sale for £11m+

By
Liz Hamson

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A headquarters building in Redditch has been put up for sale with a price tag of £11m+.

The building, which sits on a 13.76-acre site on Acanthus Road at Ravensbank Business Park, comprises 15,451 sq ft of offices and 76,560 sq ft of warehousing with a mezzanine floor of 1,395 sq ft.

The building’s offices were recently refurbished and the site comes with a 410 kW rooftop solar panel capacity and a 325 kVA power supply, which could potentially be increased.

Ben Truslove, joint managing director of John Truslove, which has been appointed to market the opportunity, said: “This is an exciting prospect for Redditch to attract a national or international name to the town, creating jobs and a boost to the local economy. The self-contained building has recently been refurbished and has an additional 3.8-acre parcel of land within the site. The additional land has previously had planning consent for a B2 industrial unit of 55,000 sq ft, which was extended in 2010 but has since lapsed.”

He added: “This prestigious property provides a superb opportunity to acquire a self-contained freehold industrial building with expansion/development land, and we are expecting keen interest from owner occupiers, investors and developers.

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