Summary - Securehold Business Centre, Studley Road, Redditch, B98 7HD B98 7HD
1 bed 1 bath Office
Prominent site with short-term income and clear redevelopment potential.
2.137-acre freehold site with prominent Studley Road frontage
A substantial 2.137-acre freehold site on Studley Road, offered with two detached office buildings and a large surfaced car park. The property currently generates income from two office lets totalling £43,000 pa, while a third portion is held by Redditch Borough Council on a long lease at a peppercorn rent. The site sits prominently to the road and includes a clear rectangular expansion parcel ready for redevelopment or intensification.
This is a value-driven opportunity for investors or developers who can manage short-term occupational continuity and a planning-led change of use. The built elements comprise approximately 7,000 sq ft of offices (KMB Building c.4,500 sq ft; Securehold Business Centre c.2,500 sq ft) and substantial hardstanding parking. All mains services are believed available and transport links to the A435/M42 are good, improving commercial and commuter appeal.
Buyers should note material constraints: the 0.56-acre Greenlands parcel is let to the council on a 99-year lease at a peppercorn, which limits immediate control of that portion. The wider local profile shows high crime and significant area deprivation — factors that may affect residential marketing and require sensitive planning and management strategies. Offers are sought unconditionally; the asking price is circa £1.2m plus VAT.
In short, the site suits a purchaser seeking a large freehold holding with short-term income, obvious expansion land and redevelopment potential, prepared to navigate planning, community and site-specific considerations to extract longer-term value.
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