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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
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.
4 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| 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.
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
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 7.03% |
| Sale Type | Investment |
| Net Initial Yield | 7.03% |
| Tenure | Freehold |
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
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 4.03% |
| Sale Type | Investment |
| Net Initial Yield | 4.03% |
| Tenure | Freehold |
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
| Sale Type | Investment | Tenure | Freehold |
| Net Initial Yield | 6.50% |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Tenure | Freehold |
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
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Unit 11 | 305 sq ft | Industrial | £50,000 (£163.93/sq ft) | - |
| Unit Unit 12 | 3,430 sq ft | Industrial | £195,000 (£56.85/sq ft) | £13,700 |
| Unit Unit 14 | 3,921 sq ft | Industrial | £235,000 (£59.93/sq ft) | £9,480 |
| Unit Unit 15 | 3,697 sq ft | Industrial | £210,000 (£56.80/sq ft) | £13,650 |
Unit Unit 11
| Unit Size |
| 305 sq ft |
| Unit Use |
| Industrial |
| Price |
| £50,000 (£163.93/sq ft) |
| NOI |
| - |
Unit Unit 12
| Unit Size |
| 3,430 sq ft |
| Unit Use |
| Industrial |
| Price |
| £195,000 (£56.85/sq ft) |
| NOI |
| £13,700 |
Unit Unit 14
| Unit Size |
| 3,921 sq ft |
| Unit Use |
| Industrial |
| Price |
| £235,000 (£59.93/sq ft) |
| NOI |
| £9,480 |
Unit Unit 15
| Unit Size |
| 3,697 sq ft |
| Unit Use |
| Industrial |
| Price |
| £210,000 (£56.80/sq ft) |
| NOI |
| £13,650 |
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Unit Unit 11
| Unit Size | 305 sq ft |
| Unit Use | Industrial |
| Price | £50,000 (£163.93/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| The single storey unit is surmounted by a lean-to pitched<br> corrugated asbestos roof. Part brick walls. Average height -<br> 4.9m (16'1") approx. Access is via a roller shutter door.</li></ul> | |
| Sale Notes | |
| Guide Price: £50,000</li></ul> |
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Unit Unit 12
| Unit Size | 3,430 sq ft |
| Unit Use | Industrial |
| Price | £195,000 (£56.85/sq ft) |
| NOI | £13,700 |
| Sale Type | Investment |
| Net Initial Yield | 7.03% |
| Tenure | Freehold |
| 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.</li></ul> | |
| Sale Notes | |
| Guide Price: £195.000</li></ul> |
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Matterport 3D Exterior
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Street View
Street
Map
Unit Unit 14
| Unit Size | 3,921 sq ft |
| Unit Use | Industrial |
| Price | £235,000 (£59.93/sq ft) |
| NOI | £9,480 |
| Sale Type | Investment |
| Net Initial Yield | 4.03% |
| Tenure | Freehold |
| 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.</li></ul> | |
| Sale Notes | |
| Guide Price: £235,000</li></ul> |
1 of 0
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Matterport 3D Exterior
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Street View
Street
Map
Unit Unit 15
| Unit Size | 3,697 sq ft |
| Unit Use | Industrial |
| Price | £210,000 (£56.80/sq ft) |
| NOI | £13,650 |
| Sale Type | Investment |
| Net Initial Yield | 6.50% |
| Tenure | Freehold |
| 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.</li></ul> | |
| Sale Notes | |
| Guide Price: £210,000</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 37,728 sq ft | Floors | 2 |
| Property Type | Light Industrial | Typical Floor Size | 35,100 sq ft |
| Property Subtype | Light Manufacturing | Year Built | 1950 |
| Costar Property Class | C |
| 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
1 1
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Presented by
Deepdale Ln
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