Close Menu
PAD MagazinePAD Magazine
    Pages
    • About PAD Magazine
    • Advertise
    • Contact
    • Contribute Property and Home Improvement related content
    • Home
    • Newsletter Advertising
    • Pad Team
    • Property & Development Magazine
    • Subscribe
    Facebook X (Twitter) Instagram
    • Contribute
    • About PAD Magazine
    • Pad Team
    X (Twitter) RSS
    PAD MagazinePAD Magazine
    • Home
    • New Builds
      • Sales & Marketing
      • Regeneration
      • Planning & Design
      • Sustainable Construction
    • Luxury Living
      • Interior Design
      • Lifestyle
      • Property Renovation & Refurbishment
      • Garden & Lanscaping
      • Home Decor
    • News
      • Software
      • Energy & Utilities
      • Affordable Housing
      • Environment
      • Plant & Machinery
      • Products & Materials
      • Infrastructure & Energy
    • About
      • Pad Team
      • Contribute Property and Home Improvement related content
    • Contact
    Subscribe
    PAD MagazinePAD Magazine
    You are at:Home Property Prices in Worcestershire to Rise to New Heights
    Products & Materials

    Property Prices in Worcestershire to Rise to New Heights

    PAD Editorial TeamBy PAD Editorial Team07/12/2016No Comments2 Mins Read4 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Property Prices in Worcestershire to Rise to New Heights
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    It has been revealed by property agents GJS Dillon that Worcestershire industrial property prices will reach a new record high in 2017, due to the continuing decline in the market and the resulting shortage of industrial space in the area.

    The new heights in property price are expected to affect both new and quality second hand industrial units next year, as this ongoing shortage is leading to many businesses spending more time and money searching for new premises and often missing out once they have found a place suitable.

    “Demand is far outstripping supply for industrial units between 3,000 sq ft and 40,000 sq ft, as manufacturing and distribution businesses in the county continue to invest in new premises and show increasing confidence in the post-Brexit economy” commented John Dillon, the managing director at GJS Dillon Limited. “There is very little space coming onto the market at present, and this is unlikely to change in 2017, as few speculative developments are planned.”

    GJS Dillon has offices in Droitwich, Worcester and Bromsgrove, and the company has disposed of more than 80,000 sq ft of industrial property in the last three months, so John Dillon is in the perfect position to speak about these current issues for the area.

    “This on-going shortage is placing upwards pressure on prices and next year new build industrial units up to 5,000 sq ft in the right location in the county will reach £120psf, while similar units to rent will break the £7psf barrier” continued Dillon. “Although they are not going to achieve the same levels as for new builds, prices of good quality second hand units in established business park locations are increasing quarter on quarter, and when they do become available are highly sought after, frequently going to best and final bids.”

    So if 2017 does see these record property prices in Worcestershire, we can only hope for the problem of the declining market to be resolved as quickly as possible.

    See also  New Licensing Scheme to Cost Landlords Upwards of £650 a Year
    property market worcestershire
    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleL&Q and East Thames to Merge
    Next Article Liverpool Waterfront Apartment Plans Could Be Approved
    Avatar
    PAD Editorial Team

    Related Posts

    Drywall Access Doors: Designing for Functionality and Style in Architectural Projects

    27/06/2025

    Practical Uses of General-Purpose Access Doors in Residential and Commercial Renovations

    27/06/2025

    What You Need To Know About Installing Roof Access Hatches for Roofing Projects

    27/06/2025
    Leave A Reply Cancel Reply

    Search
    Categories
    • Affordable Housing
    • AI
    • Architecture
    • Art & Entertainment
    • Automotive
    • Awards
    • Beauty
    • Builds & Development
    • Business, Legal & Financial
    • Casino
    • Celebrities
    • Charity
    • Construction
    • Coronavirus
    • Corporate Social Responsibility
    • Crypto
    • Energy
    • Energy & Utilities
    • Environment
    • Events
    • Fashion
    • Finance
    • Gambling
    • Garden & Lanscaping
    • Health
    • Health and safety
    • Home Decor
    • Homes and Interiors
    • Infrastructure & Energy
    • Interior Design
    • International
    • Jobs & Training
    • Law
    • Leisure & Hospitality
    • Lifestyle
    • Luxury Living
    • Management & Estate Services
    • Manufacturing
    • Marketing
    • Medical
    • Net Worth
    • News
    • Op-Ed
    • Planning & Design
    • Plant & Machinery
    • Plumbing
    • Politics
    • Press Releases
    • Products & Materials
    • Property Renovation & Refurbishment
    • Regeneration
    • Sales & Marketing
    • Software
    • Sustainable Construction
    • Technologies
    • Tips
    • Tips
    • Travel & Tourism

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Common Boiler Problems in Huddersfield

    Making Wellness Accessible for First Time Buyers at L&Q at Bankside Gardens

    Why Tollingtons Fish Bar Has London’s Foodies Waiting in Line Every Weekend

    Eden Resort Portugal Review – What Makes It a Family Favorite Across Europe

    Common Boiler Problems in Huddersfield

    Making Wellness Accessible for First Time Buyers at L&Q at Bankside Gardens

    Why Tollingtons Fish Bar Has London’s Foodies Waiting in Line Every Weekend

    Eden Resort Portugal Review – What Makes It a Family Favorite Across Europe

    © 2025 ThemeSphere. Designed by Property & development.

    Type above and press Enter to search. Press Esc to cancel.

    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
    View preferences
    {title} {title} {title}