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