A record Bromsgrove office rent has been achieved by Maximus at its landmark Topaz Business Park adjacent to Junction 1 of the M42.
Acting for Maximus in an off-market deal, Birmingham independent commercial property agency KWB secured a figure of £18 per square foot on 3,125 sq ft of office space at Unit 5 Topaz Business Park, Bromsgrove, B61 0GD, on a new five year lease to building contractor MV Kelly.
“Topaz offers the best office space in Bromsgrove, so it’s to be expected that it should set a new record rent,”
said Malcolm Jones, a senior member of KWB’s office agency team.
“These self-contained, high specification, low density courtyard style offices in a managed, landscaped setting next to a major communications route command a premium.”
“Such is the demand for space at Topaz, that as soon as the out-going tenant decided not to renew its lease on Unit 5, we were able to re-let the space immediately, without it going onto the market.
“There is a real lack of quality office space in Bromsgrove at present and a pent-up demand from organisations looking to expand their presence, or re-locate into the town.”