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For Sale/For Lease - 61 East Reach, Taunton Somerset TA1 3EZ

For sale: POA|To rent: ROA|21,548 Sq Ft|Warehouse, Trade counter, Industrial, Office, Distribution Warehouse, General Industrial, Light Industrial, Storage, Retail, Offices

Property details

FOR SALEPOA
TO RENTROA
SIZE21,548 Sq Ft
ADDRESS61 East Reach, Taunton, Somerset TA1 3EZ
TYPEWarehouse, Trade counter, Industrial, Office, Distribution Warehouse, General Industrial, Light Industrial, Storage, Retail, Offices
TENURETo Let, For Sale Leasehold
POSTED ON30th June 2021

Description

WAREHOUSE / INDUSTRIAL / TRADE COUNTER / DEVELOPMENT OPPORTUNITY

DESCRIPTION
* Secure site with terraced trade counter and warehouse accommodation.
* Trade counter / showroom is broadly open plan, with small stores, office and WC’s.
* Additional terraced warehouse / ancillary accommodation.
* Construction comprises a mix of, clear span concrete frame & steel portal frame, with pitched roof incorporating translucent roof panels.
* Warehouse buildings providing varying eaves height from 4.15m to 5.9m.
* Multiple roller shutter loading doors.
* Extra large roller door measuring 7.3m wide and 4m high.
* Dual access from the main A38 East Reach to the front and Victoria Gate to the rear.
* LED lighting throughout.
* May suit alternative use redevelopment, subject to any necessary consents.
* Yellow shaded area within demise plan is granted via a Deed of Grant, dated 13th December 1970 until 29th September 2069, providing right of way to 61 East Reach, via Victoria Gate.

ACCOMMODATION
Trade Counter / Showroom / Ancillary: 4,204 sq ft
Terraced Warehouse / Ancillary: 11,184 sq ft
Semi-Detached Warehouses: 6,161 sq ft
Total GIA: 21,548 sq ft
Site Area: 1.32 acres

TENURE
The existing long leasehold interest in the property is available to purchase, by way of an assignment of the existing lease for a term of 99 years from 29th September 1970, expiring, 28th September 2069, in exchange for a premium. Alternatively, consideration will be given to a new Full Repairing and Insuring (FRI) Lease for a term of years to be agreed, subject to status.

PRICE / RENT
Assignment premium or rent on new lease are upon application. The current passing
rent is £72,050 per annum.

Location

marker
Location: 61 East Reach, Taunton, Somerset TA1 3EZ

Taunton (0.8 miles)

Bridgwater (8.0 miles)

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