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Ash House, Bindon Road, Taunton, Somerset, TA2 6BJ

£1,125,000

£131.76 per sq ft

Business rates & charges may apply

Greenslade Taylor Hunt, Taunton
SIZE AVAILABLE

8,538 sq ft

793 sq m

SECTOR

Commercial property for sale

Key features

  • 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.

Description

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.

Brochures

Ash House, Bindon Road, Taunton, Somerset, TA2 6BJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Taunton Station0.9 miles

About Greenslade Taylor Hunt, Taunton

9 Hammet Street, Taunton, TA1 1RN

Commercial Agents: Sales and Lettings Services in Somerset, Devon and Dorset

Greenslade Taylor Hunt are commercial agents providing specialist advice on all aspects of commercial, development and investment, including sales, acquisitions and lettings of commercial property. Our particular strength lies in our detailed market knowledge across Somerset, Devon and Dorset, combined with considerable experience and a personal, prompt and professional commercial agency service.

We offer a comprehensive commercial agency service whether marketing or buying commercial premises such as offices, shops, restaurants, industrial buildings, development land, hotels and licensed premises. Our complementary Residential, Agricultural and Development, Land & Planning divisions enable us to provide wider and more tailored specialist advice to meet the specific needs.

Our property auctioneering expertise gives clients an alternative option to private treaty sales. Auction marketing brings all the benefits of a sale by private treaty and open market competitive bidding together with the certainty of an exchange of contracts when the auctioneer’s hammer goes down. This often leads to a quicker sale and a higher price being achieved.

Notes

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