Summary - HAGLEY COURT SOUTH, WATERFRONT EAST DY5 1XE
1 bed 1 bath Commercial Property
Large adaptable office with parking and immediate rental income potential near Merry Hill.
- Total area 3,190 sq ft across modern two-storey office block
- Current income £18,500 per annum; vacant 707 sq ft ground-floor suite
- Canal marina views and onsite landscaped development setting
- Four private parking spaces plus extensive communal car park
- Close to Merry Hill Shopping Centre and proposed Metro stop
- Some internal maintenance needed; void suite will require marketing
- High local crime and 'very deprived' area classification
- Tenure unknown — purchaser must confirm legal and financials
A substantial modern office building overlooking the canal marina, offered with immediate income and short-term rental potential. The premises extend to 3,190 sq ft overall and currently generate £18,500 per annum; a vacant ground floor suite of 707 sq ft is separately available at an asking rent of £7,000 per annum. The building features raised access floors, suspended ceilings with concealed lighting, aluminium double glazed windows, kitchenettes and separate WCs to each floor.
Practical strengths include four dedicated private parking spaces plus extensive communal parking, excellent mobile signal and close walking distance to restaurants, leisure and Merry Hill Shopping Centre. A planned Metro stop nearby would improve connectivity and could increase tenant demand. The canal-side setting provides a visible and characterful riverside outlook that works well for office occupiers.
Buyers should note the local context: the property sits in a very deprived area with high crime levels and a local classification of hampered neighbourhoods and social renting young families. Some internal maintenance is required and the ground-floor suite is currently void, so short-term management or refurbishment costs should be allowed for. Tenure is unknown; purchasers must verify tenure, service charge arrangements and local business rates prior to exchange.
This building will suit investors seeking an income-producing asset with immediate upside from letting the vacant suite, or occupiers looking for a large, adaptable office base with ample parking and strong transport links on the horizon.
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