Summary - BRIERLEY HOP HOUSE, WATERFRONT WAY DY5 1XD
1 bed 1 bath Office
**Standout Features:**
- **Rental Income:** Currently generating £30,000 per annum with a 12-month rental guarantee.
- **Space:** Total internal area of 2,443 sq ft; ground floor suite of 1,259 sq ft and first floor suite of 1,184 sq ft.
- **Modern Design:** Recently refurbished office building with contemporary aesthetics.
- **Parking:** Substantial on-site car parking along with communal spaces for convenience.
- **Location:** Close proximity to Merry Hill Shopping Centre and numerous leisure amenities.
- **Investment Opportunity:** Long leasehold tenure with potential for asset management and future renovations.
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This modern office investment opportunity in The Waterfront Office Development, Brierley Hill, offers an attractive annual rental income of £30,000 backed by a 12-month guarantee. With a generous total area of 2,443 sq ft, the property features spacious, refurbished office suites well-suited for small to medium businesses. Highlights include raised access flooring, large double-glazed windows for natural light, and modern finishes that create an inviting professional atmosphere.
Located near the bustling Merry Hill Shopping Centre, tenants can enjoy an array of leisure and dining options within walking distance, enhancing the area's appeal. Parking is abundant, ensuring ease of access for staff and clients alike. Though it offers great immediate benefits, potential buyers should consider the properties in a high-crime area, which could impact desirability and security. Priced at offers in the region of £340,000, this purchase reflects a net initial yield of 8.51%, presenting an exceptional investment for those looking to capitalize on a well-positioned, high-potential asset. Don’t miss out on the chance to secure a promising addition to your property portfolio!
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