Guide price
£1,000,000
(£117.12/sq. ft)
Property for saleAsh House, Bindon Road, Taunton, Somerset TA2
8,538 sq. ft
About this property
Located on an established business park within Taunton's town centre.
Well maintained and managed building providing quality air conditioned offices.
Built in 1998 by A&H Gadd Ltd for their own occupation.
Multi-let providing different income streams and reduced risk.
Most tenants have been in occupation many years and have recently renewed their leases.
Total: 8,538 sq ft. Plus ample car-parking.
Rent £101,432 per annum when fully let. This reflects £11.88 psf overall which we feel to be at a fair market level with a number of tenants having renewed their leases recently.
Guide price £ 1,125,000 reflecting a net initial yield of 8.5% after purchasers costs.
The above reflects £131.76 psf.
The property comprises a two storey purpose built modern office building arranged with a reception and service core between its east and west wings making it ideally suitable for occupation by a number of different tenants.
The offices predominately benefit from the following features:-
Sizeable entrance hall and reception.
Passenger lift and full dda compliance.
Suspended ceilings with compliant light fittings.
Air conditioning and double glazing throughout
Dado and skirting perimeter trunking.
WC & Kitchenette facilities on both floors.
Carpeting throughout.
Ample car parking currently numbering 42spaces. Not Allocated.
The offices predominately benefit from the following features:-
Sizeable entrance hall and reception.
Passenger lift and full dda compliance.
Suspended ceilings with compliant light fittings.
Air conditioning and double glazing throughout
Dado and skirting perimeter trunking.
WC & Kitchenette facilities on both floors.
Carpeting throughout.
Ample car parking currently numbering 42spaces. Not Allocated.
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