Summary - SOVEREIGN WORKS 21C DEEPDALE LANE LOWER GORNAL DUDLEY DY3 2AF
1 bed 1 bath Light Industrial
Income with immediate upside near Dudley and M5 access.
- 3,921 sq ft light industrial/warehouse unit
- Current rent £9,480 pa; market rent estimated £15,700 pa
- Two large roller shutters and concrete forecourt for loading
- Eaves height approx 5.8m; internal office included
- Steel frame, brick walls, pitched corrugated asbestos roof
- 3-ton crane present but not tested; buyer to verify
- Small-to-average external yard; neighbouring units attached
- Broadband slow; mobile signal excellent
A highly reversionary light industrial unit offering immediate income with clear upside. The property extends to approximately 3,921 sq ft with two large roller shutter entrances, concrete forecourt and internal office space — practical features for small manufacturers, storage or trade operators. Current rent is £9,480 pa against a notional market rent of £15,700 pa, making it appealing to buyers seeking rental growth or active asset management.
Constructed in steel frame with full-height brick walls and a pitched corrugated asbestos roof with rooflights, the unit is functional but dated. Height to eaves is about 5.8m and a 3-ton crane is present (sold/tested status unknown). The roof material and the untested crane are material considerations for a purchaser and may require survey and remedial or compliance work.
Externally the unit sits in a terrace of similar workshop/warehouse buildings with a small-to-average yard suitable for loading, unloading and vehicle movement. Broadband speeds are reported slow, though mobile signal is excellent. Tenure is unknown; buyers should confirm tenure and any estate/service arrangements before exchange.
Location is convenient: roughly 2 miles from Dudley town centre and around 6 miles from M5 J2, with local amenities and schools nearby. The asset suits investors seeking reversionary income, occupiers wanting ready-to-use industrial space, or developers able to invest in repairs and operational upgrades.
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