£1,565,000
(£51.59/sq. ft)
Property for sale52 Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset BA21
30,333 sq. ft
About this property
Fully let industrial investment opportunity - niy of 10%, ry of 10.62% and a low capital value of £51 psf
Located on the established Pen Mill Trading Estate with a low passing rent of £166,170 pa (£5.48 psf) offering growth
Two units both let to Diamond Cut Refinishing Solutions Ltd
WAULT 6.67 years expiring in February 2033
Offers in Excess of £1,565,000.
The estate is approximately 1 mile from Yeovil town centre and benefits from proximity to the town's main retail and commercial districts.
Offers in excess of £1,565,000 reflecting a niy of 10% a ry of 10.62% and circa £51.00 psf. Passing rent of £166,170 p.a. (£5.48 psf).
52 Buckland Road comprises 2 x industrial units which were fully refurbished in 2022 including new roofs. Both units are of steel portal frame with profile metal sheet cladding incorporating translucent roof lights, extending to a total of 30,333 sq ft.
The main warehouse includes new single storey offices and welfare accommodation to the front, with a clear span warehouse beyond. The unit is accessed via 3 roller shutter doors, is lit with sodium lights with a minimum eaves height of 3.8m rising to 6m. The smaller warehouse provides a minimum eaves height of 4m and is accessed via 3 roller shutter doors to the main yard. The units have a shared electric gated entrance surrounded by a secure fenced parking to the front and a substantial secured yard to the rear.
The site extends to 1.56 acres.
Fully let industrial investment opportunity - niy of 10%, ry of 10.62% and a low capital value of £51 psf
Located on the established Pen Mill Trading Estate with a low passing rent of £166,170 pa (£5.48 psf) offering growth
Two units both let to Diamond Cut Refinishing Solutions Ltd
WAULT 6.67 years expiring in February 2033
Offers in Excess of £1,565,000.
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