Droitwich development site hits the market
A one and a half acre development site in Droitwich, Worcestershire is up for sale with an £850,000 price tag.
Surrounded by national retail warehouse occupiers and next to the site of new Lidl store, the land at George Baylis Road provides the opportunity for retail warehouse developers or owner / occupiers looking to develop their own unit.
A 16,000 sq ft industrial unit, sub-divided into six units, presently occupies 25% of the site, and is subject to three short term tenancies producing a total income of £72,000 a year.
The site is situated off the A38 at its junction with A442 on Kidderminster Road.
“This site offers a fantastic development opportunity, as it is close to good transport links and other established business occupiers. The immediate area has become popular with retail warehouse and supermarket occupiers. Homebase, Aldi, DFS, B&M and Pets At Home are close by and Lidl has just won planning permission to build a 22,873 sq ft supermarket on the adjacent site,” says joint sales agent Andrew Lewis of GJS Dillon.
“We are expecting strong interest from retail operators and developers, from national storage unit operators and from industrial owner / occupiers who want to develop their own premises,” adds joint sales agent Sara Elwell of Harris Lamb.
