Non quoting
Industrial for saleMillsborough House, Ipsley Street, Redditch B98
46,720 sq. ft
About this property
Freehold.
Rare unbroken redevelopment opportunity comprising four former Edwardian/1930s industrial buildings (Units 2,3,4 & 5) arranged around a central courtyard.
79 Apartments at varying stages of conversion to residential use.
Further consent for an additional 21 apartments
Separate parcel of land with approximately 9 parking spaces on Summer Street.
Full planning consent for a residential-led scheme totalling 100 apartments on completion (a mix of 1,2 & 3 bed) plus 12 commercial/office units.
Total consented nsa of c.66,406 sq ft on completion (59,379 sq ft residential / 7,027 sq ft commercial).
Approximately 45 car parking spaces and proposed communal gym / coworking amenity space.
Strategically located in the centre of Redditch, within walking distance of the town centre and Redditch train station.
The subject property comprises four former industrial buildings (Unit 5 dating from circa 1912, with Units 2,3 and 4 constructed in the 1930s) and associated yard space, arranged around a central courtyard. The various apartments (79) are at varying stages of conversion to residential use. There is an additional consent for further 21 apartments (see Accommodation Schedule).
Units 3,4 and 5 are internally connected and share a main access from Ipsley Street.
Unit 2 fronts Summer Street and Millsbro Road with a separate access shared with Unit 3.
Upon completion the scheme will provide 100 residential apartments, together with 12 commercial/office units on the lower ground floor of Units 4 & 5, and proposed communal amenity space including a gym and co-working area. The internal courtyard will be landscaped and will provide 45 lined car parking spaces (36 within the courtyard and a further 9 on a separate parcel of land to the south side of Summer Street), with the scheme served by three passenger lifts.
Location
Millsborough House occupies a central position within Redditch, a large town in north-east Worcestershire located circa 14 miles south of Birmingham city centre, 16 miles north-west of Stratford-upon-Avon and 20 miles north-east of Worcester (2021 Census population circa 87,000).
The property is situated immediately south of Redditch Ringway (B4160) and fronts Lodge Road, Summer Street, Millsbro Road and Ipsley Street, within a mixed-use area comprising Victorian terraced housing, small industrial units, secondary offices and retail warehousing.
Redditch town centre and the Kingfisher Shopping Centre lie immediately north-west of the property.
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