Property overview

The Sling, Cinderbank, Dudley, DY2 9AJ

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£450,000
Jul 2021

Multi-let Industrial Investment

Located just south of Dudley town centre this multi-let industrial investment fronts onto A459 Cinderbank and is just south of the junction with the A461.

It is situated directly east of the Peartree Lane & Narrow Boat Way industrial areas.

The three units totalling 5,609 sq ft were refurbished in the 1980’s.   All three units have been let in last 12 months.

A combined rent of £33,858 per annum (average – £6.03 per sq ft).

Offers are sought in excess of £450,000 (Four Hundred and Fifty Thousand Pounds). Offering a net initial yield of 7.20% with an underlying capital value of £80 per sq ft.