£2,200,000
Light industrial for saleCentral Works, Peartree Lane, Dudley, West Midlands DY2
1 bath
Freehold
About this property
Spacious
Attractive Location
Parking
Substantial Industrial Investment Opportunity – 42,129 sq ft – Strong Asset with Uplift Potential
Peartree Lane, Dudley, DY2 0QU
Guide Price: £2,200,000
Galaxy Real Estate is pleased to present this significant industrial investment opportunity located in the soughtafter commercial area of Peartree Lane, Dudley. Extending to approximately 42,129 sq ft, the property comprises a mix of industrial and trade-style units offering excellent flexibility for a broad range of occupiers.
The site currently benefits from a number of established tenants on active leases, generating a current rental income of £184,350 per annum. With remaining vacancies and upcoming rent review opportunities, the property offers clear potential for income growth. Once fully let and optimised, the estimated rental value (erv) is projected at approximately £228,000 per annum, creating an attractive uplift for investors seeking both stable returns and long-term asset enhancement.
Key Investment Highlights:
Total floor area: Approx. 42,129 sq ft
Current rental income: £184,350 per annum, with opportunities to increase
Projected erv when fully let: £228,000 per annum
Mixture of well-configured industrial units suitable for trade counter, storage, light industrial, and workshop uses
Partially occupied estate with established long-term tenants in place
Strong re-letting prospects due to high demand in the local industrial market
Freehold interest available
Multiple access points, good yard space, and practical circulation for vehicles
Secure site located in an established commercial zone
VAT applicable
EPC available upon request
Location
The property occupies a prominent position within a well-established industrial area on Peartree Lane, close to its junction with Blackbrook Road and approximately 300m from the A4036 (Pedmore Road). Dudley town centre lies to the north-east, with Birmingham located just 10 miles to the south-east and Wolverhampton 7 miles to the north.
The site benefits from excellent transport connectivity, situated approx. 3.4 miles from M5 Junction 2, with nearby access routes via the A4123 and A461, supporting efficient distribution and business operations.
Tenure
Freehold, with existing tenants occupying units on active leases. Rent review clauses within the leases provide additional opportunities for future uplift.
Business Rates
Prospective purchasers are advised to make their own enquiries with the local authority.
Legal Costs
Each party to bear their own legal costs.
Viewing Arrangements
Viewings are strictly by appointment through Galaxy Real Estate HQ.
Peartree Lane, Dudley, DY2 0QU
Guide Price: £2,200,000
Galaxy Real Estate is pleased to present this significant industrial investment opportunity located in the soughtafter commercial area of Peartree Lane, Dudley. Extending to approximately 42,129 sq ft, the property comprises a mix of industrial and trade-style units offering excellent flexibility for a broad range of occupiers.
The site currently benefits from a number of established tenants on active leases, generating a current rental income of £184,350 per annum. With remaining vacancies and upcoming rent review opportunities, the property offers clear potential for income growth. Once fully let and optimised, the estimated rental value (erv) is projected at approximately £228,000 per annum, creating an attractive uplift for investors seeking both stable returns and long-term asset enhancement.
Key Investment Highlights:
Total floor area: Approx. 42,129 sq ft
Current rental income: £184,350 per annum, with opportunities to increase
Projected erv when fully let: £228,000 per annum
Mixture of well-configured industrial units suitable for trade counter, storage, light industrial, and workshop uses
Partially occupied estate with established long-term tenants in place
Strong re-letting prospects due to high demand in the local industrial market
Freehold interest available
Multiple access points, good yard space, and practical circulation for vehicles
Secure site located in an established commercial zone
VAT applicable
EPC available upon request
Location
The property occupies a prominent position within a well-established industrial area on Peartree Lane, close to its junction with Blackbrook Road and approximately 300m from the A4036 (Pedmore Road). Dudley town centre lies to the north-east, with Birmingham located just 10 miles to the south-east and Wolverhampton 7 miles to the north.
The site benefits from excellent transport connectivity, situated approx. 3.4 miles from M5 Junction 2, with nearby access routes via the A4123 and A461, supporting efficient distribution and business operations.
Tenure
Freehold, with existing tenants occupying units on active leases. Rent review clauses within the leases provide additional opportunities for future uplift.
Business Rates
Prospective purchasers are advised to make their own enquiries with the local authority.
Legal Costs
Each party to bear their own legal costs.
Viewing Arrangements
Viewings are strictly by appointment through Galaxy Real Estate HQ.
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Monthly repayment
£11,005 per month
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