Discounted auction lot with strong rental yield potential for investors.
Freehold industrial unit with adjoining large garage/workshop
A vacant freehold industrial unit within Plot 2, Unit 7 Graythorp Industrial Estate offered for auction. The site includes a small-to-medium warehouse with a blue roller door, adjoining large garage/workshop space with high ceilings, concrete floors and clear workshop potential. The plot is very large and sits in an established industrial estate with excellent mobile signal and road connectivity.
This lot is presented at a guide price of £50,000 and is marketed as a discounted opportunity compared with recent nearby sales. Estimated rental income is £400–£500 pcm, which would produce a strong gross yield if acquired at the guide price. The property suits investors seeking a buy-to-let industrial unit or an owner-occupier looking for workshop and storage space.
Buyers should note material negatives: broadband speeds are very slow, local crime levels are high, and the unit is vacant and needs basic cleaning and maintenance before use. The surrounding area is described as ageing industry workers and ageing urban communities, which may affect tenant demand and long-term capital uplift. The property will be sold at auction — purchasers must allow for auction timelines and conditional sale procedures.
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