Flexible high‑eaves industrial unit with clear upgrade potential near key road links.
- Reversionary investment: current rent £13,650 per annum
This single light‑industrial unit in Sovereign Works offers a clear investment story: a stable rental income of £13,650 pa with significant reversionary upside against a guide price of £210,000. The building is steel‑framed with full‑height brick walls and a high eaves height (approx. 5.8m), providing a flexible warehouse footprint (3,697 sq ft) suitable for storage, workshop or light manufacturing uses.
Practical strengths include roller shutter access, first‑floor stores and a separate office, plus proximity to Dudley town centre (c.2 miles) and motorway links (M5 J2 c.6 miles). The unit sits within an established commercial terrace with limited forecourt space for loading and a garage/parking area on site.
Buyers should note material drawbacks: the roof is corrugated asbestos (inset rooflights) which will require specialist management or replacement; broadband speeds in the area are slow; and tenure details are unknown so legal/title checks are essential. The current rent and market position create potential for rental growth, but purchasers should allow for refurbishment costs and asbestos remediation when assessing total investment outlay.
Suitable for investors seeking a reversionary industrial asset or an owner‑occupier prepared to invest in upgrade works, this property combines solid location fundamentals with immediate operational utility and clear short‑to‑medium term improvement potential.
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