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Deepdale Ln 305 - 3,921 sq ft Industrial Units Offered at £50,000 - £235,000 Per Unit in Dudley DY3 2AF

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Investment Highlights

  • Onsite parking and loading area
  • Excellent road communications
  • Popular industrial estate

Executive Summary

The property is of masonry and steel construction and comprises a single storey of industrial space.The premises are located on Sovereign Works which is accessed off Deepdale Lane, Lower Gornal. Dudley Town Centre is within say 2 miles. Junction 2 of hte M5 is within 6 miles.

Property Facts

Total Property Size 37,728 sq ft
Property Type Light Industrial
Property Subtype Light Manufacturing
Costar Property Class C
Floors 2
Typical Floor Size 35,100 sq ft
Year Built 1950

Amenities

  • Roller Shutters

4 Units Available

Unit Unit 11

Unit Size 305 sq ft
Price £50,000
Price Per sq ft £163.93
Unit Use Industrial
Sale Type Owner Occupier
Tenure Freehold
Description

The single storey unit is surmounted by a lean-to pitched
corrugated asbestos roof. Part brick walls. Average height -
4.9m (16'1") approx. Access is via a roller shutter door.

Sale Notes

Guide Price: £50,000

Unit Unit 12

Unit Size 3,430 sq ft
Price £195,000
Price Per sq ft £56.85
Unit Use Industrial
Sale Type Investment
Tenure Freehold
Net Initial Yield 7.03%
NOI £13,700
Description

The unit is of steel framed construction with full height brick walls surmounted by a pitched lean-to corrugated asbestos roof with inset roof lights. Access is via a roller shutter door. An office is included. Height to eaves 3.87m (12’8?) minimum and 5.4m maximum.

Sale Notes

Guide Price: £195.000

Unit Unit 14

Unit Size 3,921 sq ft
Price £235,000
Price Per sq ft £59.93
Unit Use Industrial
Sale Type Investment
Tenure Freehold
Net Initial Yield 4.03%
NOI £9,480
Description

The unit is of steel framed construction with full height brick walls surmounted by a pitched corrugated asbestos roof with inset roof lights. Access is via a roller shutter door. An office is included as well as first floor stores.

Sale Notes

Guide Price: £235,000

Unit Unit 15

Unit Size 3,697 sq ft
Price £210,000
Price Per sq ft £56.80
Unit Use Industrial
Sale Type Investment
Tenure Freehold
Net Initial Yield 6.50%
NOI £13,650
Description

The unit is of steel framed construction with full height brick walls surmounted by a pitched corrugated asbestos roof with inset roof lights. Access is via a roller shutter door. An office is included as well as first floor stores.

Sale Notes

Guide Price: £210,000

  • Listing ID: 32813056

  • Date on Market: 15/08/2024

  • Last Updated:

  • Address: Deepdale Ln, Dudley DY3 2AF

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