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Investment

Investment For Sale Taunton

PROPERTY ID: 124223

PROPERTY TYPE

Investment

STATUS

Available

SIZE

8,527 sq.ft

Key Features

Accessible location 1 mile from the A358 and 2 miles from the M5 motorway.
Located on a popular established trading estate.
Modern offices of 1,394 sq ft., further offices of 2,986 sq ft. and separately accessed industrial unit of 4,147 sq ft.
New 10 year FRI lease to Computeam Ltd. with tenants break and standard review on year 5 at £50,000 pa.
Separate front and rear yards with parking for both units.
Guide price £595,000, reflecting a net initial yield of 8%.

Property Details

Unit 1 Is Arranged As A Two Storey Modern Office Building With Further Offices Beyond Forming Part Of A Conversion Of A Two Storey Victorian Property. Unit 2, Which Is Adjacent, Is A Separately Accessed Industrial Unit With Mezzanine Stores. The Offices Are Fitted To A Good Standard With Compliant Light Fittings, Double Glazed Windows, Perimeter Trunking, Carpets Throughout And Hot And Cold Air Ventilation Units. The Offices Are Predominately Open Plan And Can Be Readily Altered To Suit Occupiers Requirements, Whilst They Provide A Kitchen, A Disabled Wc, A Gents And A Ladies Wc. The Industrial Unit Has A 6.75 Metre Minimum Eaves, A Mezzanine, An Office, A Kitchen And A Wc. The Unit Is Accessed Via A Up And Over Roller Shutter Vehicular Access Door And A Separate Pedestrian Door. Unit 1 Has A Yard To The Front Exclusively Used For Parking Whilst Unit 2 Has A Separate Yard Used For Loading And Parking. Accessible Location 1 Mile From The A358 And 2 Miles From The M5 Motorway. Located On A Popular Established Trading Estate. Modern Offices Of 1,394 Sq Ft., Further Offices Of 2,986 Sq Ft. And Separately Accessed Industrial Unit Of 4,147 Sq Ft. New 10 Year Fri Lease To Computeam Ltd. With Tenants Break And Standard Review On Year 5 At £50,000 Pa. Separate Front And Rear Yards With Parking For Both Units. Guide Price £595,000, Reflecting A Net Initial Yield Of 8%.

About the Agent

Greenslade Taylor Hunt

See Agent's Other Properties

Investment Unit

£595,000 Freehold

Unit 1 & 2,Creech Paper Mill, Taunton, TA3 5PX
Investment - Available
8,527 sq ft
792 sqm
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