Unit E4, Hagley Court North, Waterfront East Business Park, Brierley Hill DY5 1XF
sold
£420,000
Sep 2022
AP Investment has completed the sale of E4 Hagley Court North, Waterfront East Business Park, Brierley Hill on behalf of Kindale.
Located on the established Waterfront East office park in Brierley Hill the building dates back to the early 1990’s. The self contained building is a two storey office overlooking the canal basin. The building has been split into two separate suites.
The property was let to two tenants on leases expiring in 2026 & 2028. One lease has a break option in 2025. The combined rent totals £39,650 per annum which reflects £9.91 per sqft.
The property was sold for £415,000 which reflected an initial yield of 9.16%.
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