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The Waterfront, Level Street, Brierley Hill, West Midlands, DY5 1XD

Offers in Region of
£340,000

£139.17 per sq ft

Business rates & charges may apply

Michael Johnson and Co, Blakedown
SIZE AVAILABLE

2,443 sq ft

227 sq m

SECTOR

Office for sale

USE CLASSUse class orders: B1 Business and Class E

B1, E

Key features

  • Office Investment
  • Currently producing £30,000 per annum (including 12 month rental guarantee)
  • Refurbished Office Building
  • Substantial on site car parking facilities
  • Nearby Leisure Amenities in close proximity to Merry Hill Shopping Centre
  • Situated in established office development
  • Long Leasehold
  • Asset Management Opportunities
  • Offers in the region of £340,000. A purchase at this level reflects a NIY of 8.51% assuming purchaser's costs of 3.71%.

Description

LOCATION

The premises is located within the Waterfront Office Development. The Merry Hill Shopping Centre is situated close by. The Waterfront comprises a modern, landscaped office development. Leisure and restaurant facilities are located within walking distance.
The motorway network is accessible via Junctions 2 & 3 of the M5 at Oldbury and Quinton respectively (5 miles approx).

DESCRIPTION

Modern office block close to the canal marina. The suites within the building benefit from raised access flooring, suspended ceilings with concealed lighting and aluminium framed double glazed windows. The suites benefit from separate male and female toilets and a kitchenette.
The suites benefit form private car-parking spaces in conjunction with unrestricted car- parking to the communal car park.

ACCOMMODATION

Ground Floor Suite 1,259 sq ft
First Floor Suite 1,184 sq ft

Total NIA (approx.) 2,443 sq ft

FOR SALE

Offers in the region of £340,000. A purchase at this level reflects a NIY of 8.51% assuming purchaser's costs of 3.71%.

TENURE

Long Leasehold.

TENANCIES

A copy of the tenancy schedule can be found in the particulars.

Brochures

The Waterfront, Level Street, Brierley Hill, West Midlands, DY5 1XD

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Cradley Heath Station1.5 miles
  • Lye Station1.8 miles
  • Stourbridge Town Station2.4 miles

About Michael Johnson and Co, Blakedown

Edison House, 39a Birmingham Road, Blakedown, Kidderminster DY10 3JW

Notes

These notes are private, only you can see them.

Disclaimer - Property reference Hagleycourtsouth. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Michael Johnson and Co, Blakedown. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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