Chestnut Court in Sambourne, just south of the M42, offers an idyllic setting in rural Worcestershire, that is perfect for businesses looking for the peace and quiet of an out-of-centre base, yet providing just the right environment for work. 20 two-storey self-contained office units available from just 1,575 sq ft up to 7,875 sq ft, seem destined to provide homes to the numerous new and growing businesses that are looking for a quality home, in surroundings that provide exactly the right feel for organisations needing to make an instant, positive impression on their customers and partners.
And whilst the development is in rural surroundings, it’s within easy reach of Redditch, Studley and Alcester so all the necessary amenities for staff moving to a new base are close at hand and the scheme is located close to a pool of quality potential employees as well, should companies moving in, need to recruit more staff.
The offices will be built to exacting specifications by developers Coltham Developments, and will incorporate all the features you would expect from a development of this status including heating and comfort cooling, independent room temperature control, LG7 lighting, high quality hardwood double glazing, full decoration to all office areas, and a car park and footpaths illuminated by low level bollards. All this within a secure gated environment.
KWB’s John Bryce says this will be seen as a prime location by many: “It is a stunning location, and we all know that makes a huge difference. Sambourne is a lovely area and its location just south of junction 3 of the M42 makes it readily accessible as well as desirable. There is still huge appeal to many small and medium sized businesses in having their own front door and we are still seeing many businesses purchasing their own small units on courtyard schemes such as this one. But there is a trend increasingly towards investment with individuals looking to acquire units as ‘buy to lets’, commonly buying two or three units on the same development. In the past a lot of people have been looking to supplement their retirement funding by buying residential apartments, perhaps in Birmingham city centre. But more sophisticated investors have moved to investment in commercial property as a means of achieving better returns and more stable lettings. You can operate in a commercial marketplace with 3 to 5 year lettings and regular rent uplifts. Investments of between £200,000 and £400,000 offer 7%+ returns where dealing with consumers offers on average 5% and far greater potential hassle.”
“There’s the additional attraction to ‘buy to let’ investors that this courtyard scheme being out-of- town, out of the major centre locations, allows investors to choose a commercial property close to their homes and keep an eye on their investments! We currently have schemes across the Midlands – all of which are proving of interest to relatively local investors,” continues Bryce, “and we would be surprised if this isn’t mirrored at Chestnut Court.”