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UNDER OFFER

Overbrook Business Centre, Units 1-6 Poolbridge Road Blackford, Wedmore, Somerset, BS28 4PA

£275,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

Ask agent

SECTOR

Commercial property for sale

Key features

  • 5.6 miles from junction 22 of the M5
  • Rural village location
  • Parking for c.20 vehicles
  • Current rental income of £20,400
  • Six units across two buildings
  • Single tenant across whole site - EPC C
  • Christie & Co Ref: 3410469

Description

Description

Overbrook Business Centre is a purpose built commercial property comprising two buildings making up six units overall. The two single storey buildings are surrounded by parking for around 20 vehicles. Vehicular access forms a wide entrance from the main road.

Location

Situated in the village of Blackford, just 5.6 miles from junction 22 of the M5 and 1.5 miles from the town of Wedmore. A lovely rural location with farmland on two sides, local amenities can be found in both Wedmore to the east and Mark 1.6 miles to the west.

Internal Details

Building one comprises a large open plan office with kitchen and staff facilities, there are three further individual office rooms and a store room. Building two has a large open plan office with kitchenette and toilet facilities, there are 3 further offices, second kitchenette, two store rooms and three more toilet facilities.

Staff

There are no staff to transfer with this business.

Trading Hours

Set by individual business tenants.

Development Potential

The property is sold subject to an Uplift Clause. 50% of any uplift on grant of residential use from the site for a period of 30 years.

Planning Permissions

Planning permission has been granted for one of the buildings to be replaced and allows for an additional mezzanine floor. Planning Ref 50/23/00020 - Sedgemoor Council. This has been obtained purely as an additional option for a new owner should they wish to replace the current building.

Tenure

Freehold. The purchase price will be subject to VAT.

Tenancy

Overbrook Business Centre is currently let in its entirety to a single tenant for £20,400 per annum.

Business Rates

£20,500 - This is the rateable value for the property. It is not what you pay in business rates or rent. Your local council uses the rateable value to calculate the business rates bill.

Energy Performance Certificates

EPC 1

Brochures

Overbrook Business Centre, Units 1-6 Poolbridge Road Blackford, Wedmore, Somerset, BS28 4PA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Highbridge & Burnham Station5.1 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3410469-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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