52 Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset, BA21 5HA
Size
30,333
Tenure
Freehold
EPC
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Parking
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- Primary use
- Other
- Other use(s)
- Light industrial
No floor / site plan
Key features
- 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.
Description
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.
- Service charge
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- Business rates
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- Use class
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- Listed building
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- Environmental description
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Brochure
52 Buckland Road, Pen Mill Trading Estate, Yeovil, Somerset, BA21 5HA
About Commercial Property Partners Ltd, Sheffield
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.
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