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52 Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset, BA21 5HA

£1,565,000

£51.59 per sq ft

Business rates & charges may apply

Commercial Property Partners Ltd, Sheffield
SIZE AVAILABLE

30,333 sq ft

2,818 sq m

SECTOR

Light industrial facility for sale

Key features

  • Well located industrial premises on the established Pen Mill Trading Estate
  • Freehold
  • 2 x units let to Diamond Cut Refinishing Solutions Ltd
  • Low passing rent of £166,170 pa (£5.48 psf)
  • WAULT 6.67 years expiring in February 2033
  • Offers in excess of £1,565,000 reflecting a NIY of 10% and a RY of 10.62% and a low capital value of £51 psf, assuming purchaser's costs of 6.14%

Description

52 Buckland Road is located on Pen Mill Trading Estate is strategically located in the thriving town of Yeovil, Somerset, providing excellent transport links and accessibility. Situated just off the A30, it offers easy access to both the A37 and A303, connecting it to key cities such as Bristol, Exeter, and London.

The estate is approximately 1 mile from Yeovil town centre and benefits from proximity to the town's main retail and commercial districts.

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.

Well located industrial premises on the established Pen Mill Trading Estate

Freehold

2 x units let to Diamond Cut Refinishing Solutions Ltd

Low passing rent of £166,170 pa (£5.48 psf)

WAULT 6.67 years expiring in February 2033

Offers in excess of £1,565,000 reflecting a NIY of 10% and a RY of 10.62% and a low capital value of £51 psf, assuming purchaser's costs of 6.14%

Brochures

52 Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset, BA21 5HA

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Yeovil Pen Mill Station0.5 miles
  • Yeovil Junction Station1.7 miles
  • Thornford Station2.7 miles

About Commercial Property Partners Ltd, Sheffield

5th Floor 11 Leopold Street Sheffield S1 2GY

Commercial Property Partners is a private firm of advisors who specialise in the disposal, acquisition and management of all types of commercial property. With offices in Sheffield, Nottingham and London, our team has a wealth of knowledge and experience covering all sectors Office, Industrial, Retail, Development and Investment.

The strength of the business is defined by the quality and experience of the team.

Notes

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