INVESTMENT FOR SALE
10 industrial units located on Penn Mill Trading Estate. Current passing rent £48,100 per annum
The subject premises are situated on Oxford Road within the ever popular and well-established Pen Mill Trading Estate on the north eastern outskirts of Yeovil. Adjacent occupiers include Bransons Motorcycles, Spillers, Able Box and Buffalo Trailers.
The property consists of 10 individual lock up industrial units, with five on each side of a central courtyard. The units are constructed of brick and block walls under a panelled roof with a roller shutter door at the front of each unit. Each unit is provided with 2 car parking spaces. The estate is fully let with six tenants in total.
ACCOMMODATION (all areas are approximate)
Total gross internal area 5,750 sq. ft (533 sq. m)
Individual units 575 sq. ft (53.3 sq. m)
The property has mains electricity and water. No tests have been carried out in relation to the services, nor are we able to comment on their condition.
The property is offered freehold subject to the existing leases.
Guide price – £550,000
VAT is not chargeable on the sale
RATEABLE VALUE (VOA listing 2017)
Units 1 & 2 £6,175
Units 3, 4, 5, 6 & 7 £3,200 for each unit
Unit 8 £3,250
Units 9 & 10 £5,600
For further information or to arrange a viewing please contact the Joint Sole Agents:
Telephone: (01935) 415454