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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.

4 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Unit 11
  • 305 SF
  • Industrial
  • $67,223 ($220.40/SF)
  • -
Sale Type Owner User
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
  • 3,430 SF
  • Industrial
  • $262,171 ($76.43/SF)
  • $18,419.18
Sale Type Investment
Cap Rate 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
  • Unit Unit 14
  • 3,921 SF
  • Industrial
  • $315,949 ($80.58/SF)
  • $12,745.53
Sale Type Investment
Cap Rate 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
  • Unit Unit 15
  • 3,697 SF
  • Industrial
  • $282,338 ($76.37/SF)
  • $18,351.95
Sale Type Investment
Cap Rate 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 Condo Use Price NOI
Unit Unit 11 305 SF Industrial $67,223 ($220.40/SF) -
Unit Unit 12 3,430 SF Industrial $262,171 ($76.43/SF) $18,419.18
Unit Unit 14 3,921 SF Industrial $315,949 ($80.58/SF) $12,745.53
Unit Unit 15 3,697 SF Industrial $282,338 ($76.37/SF) $18,351.95

Unit Unit 11

Unit Size
305 SF
Condo Use
Industrial
Price
$67,223 ($220.40/SF)
NOI
-

Unit Unit 12

Unit Size
3,430 SF
Condo Use
Industrial
Price
$262,171 ($76.43/SF)
NOI
$18,419.18

Unit Unit 14

Unit Size
3,921 SF
Condo Use
Industrial
Price
$315,949 ($80.58/SF)
NOI
$12,745.53

Unit Unit 15

Unit Size
3,697 SF
Condo Use
Industrial
Price
$282,338 ($76.37/SF)
NOI
$18,351.95

Unit Unit 11

Unit Size 305 SF
Condo Use Industrial
Price $67,223 ($220.40/SF)
NOI -
Sale Type Owner User
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&#39;1&quot;) approx. Access is via a roller shutter door.</li></ul>
Sale Notes
Guide Price: &#163;50,000</li></ul>

Unit Unit 12

Unit Size 3,430 SF
Condo Use Industrial
Price $262,171 ($76.43/SF)
NOI $18,419.18
Sale Type Investment
Cap Rate 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: &#163;195.000</li></ul>

Unit Unit 14

Unit Size 3,921 SF
Condo Use Industrial
Price $315,949 ($80.58/SF)
NOI $12,745.53
Sale Type Investment
Cap Rate 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: &#163;235,000</li></ul>

Unit Unit 15

Unit Size 3,697 SF
Condo Use Industrial
Price $282,338 ($76.37/SF)
NOI $18,351.95
Sale Type Investment
Cap Rate 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: &#163;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 Building Size 37,728 SF
Property Type Flex
Property Subtype Light Manufacturing
Building Class C
Floors 2
Typical Floor Size 35,100 SF
Year Built 1950

Amenities

  • Automatic Blinds
  • Listing ID: 32813056

  • Date on Market: 8/15/2024

  • Last Updated:

  • Address: Deepdale Ln, Dudley DY3 2AF

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