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For Sale£550,000.00

Oxford Mews - INVESTMENT SALE, Pen Mill Trading Estate, Yeovil, Someset, BA21 5HR

Industrial , 5750 Sq Ft
Property type: Industrial
Tenure: For Sale Freehold
Size: 5750 Sq Ft
Price: £550,000.00
Location: Oxford Mews, Oxford Road, Yeovil, BA21 5HR
10 industrial units located on Penn Mill Trading Estate.
Current passing rent £48,100 per annum

LOCATION

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.

DESCRIPTION

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)

SERVICES

The property has mains electricity, water and drainage.

No tests have been carried out in relation to services, nor are we able to comment on their condition.

TENURE

The property is offered freehold subject to the existing leases.

The combined passing rent is £48,100 per annum.

For further details on the tenancies please contact Chesters Commercial.

PRICE

Guide Price - £550,000

VAT

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

VIEWING

For further information, please contact the Sole Agents,
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