Summary - UNIT 13, IMEX BUSINESS PARK, FISHER STREET DY4 8XE
1 bed 1 bath Light Industrial
Income-producing workshop space with strong transport links and refurbishment upside.
Freehold light industrial units, circa 2,000 sq ft total
Fully let on new 10‑year FRI leases, total rent £21,100 p.a.
Attractive 8.5% net yield for the listed price
Very large plot with high ceilings and roller shutter access
Fast broadband and excellent mobile signal on site
Garage parking included; suitable for workshop or storage
Located in a very deprived area with high crime — impacts risk
Practical refurbishment potential to uplift future rents
A rare freehold light‑industrial investment offering a robust 8.5% yield from fully let new 10‑year FRI leases. The two units extend to approximately 2,000 sq ft across very large site proportions, with high ceilings, roller shutter access and secure entry suitable for workshop, storage or small‑scale manufacturing occupiers.
The location benefits from strong regional road links (M5 under 3 miles) and ongoing local regeneration that supports industrial demand in the Black Country. Practical advantages include fast broadband, excellent mobile signal and on‑site garage parking for operational convenience.
Buyers should note material local challenges: the area is classified as very deprived with high crime levels, which can affect tenant mix and insurance costs. The property is best suited to investors seeking steady, income‑focused returns from FRI leases or an owner‑occupier willing to operate in an urban industrial environment.
Internally the space is straightforward industrial shell: concrete floors, tall ceilings and open plan areas that lend themselves to simple fit‑outs. While the units are immediately income producing, there is visible potential for light refurbishment to improve rental value at lease expiry.
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