Investment Properties: Bridge House, Dudley DY

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Bridge House, Dudley DY

  • 42,841 ft2 modern office building within close proximity to the Merry Hill Shopping Centre
  • The property is let to The Secretary of State and Local Government with a term certain of 6.5 years at a gross rent of £544,000 per annum / £13.25 psf
  • We acquired the property for our UK propco clients for approximately £4 million, reflecting a high net initial yield of c. 13.32% and a low capital value of £93.37 psf