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

Guide price

£1,000,000

Size

8,538

Tenure

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EPC

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Parking

42

Primary use
Other
Other use(s)
Traditional office

No floor / site plan

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 £96,697 per annum when fully let. This reflects £11.32 psf overall which we feel to be at a fair market level with a number of tenants having renewed their leases recently.
  • Guide price £1,000,000 reflecting a net initial yield of 9.2% after purchasers costs.
  • The above reflects £117.12 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.


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 £96,697 per annum when fully let. This reflects £11.32 psf overall which we feel to be at a fair market level with a number of tenants having renewed their leases recently.

Guide price £1,000,000 reflecting a net initial yield of 9.2% after purchasers costs.

The above reflects £117.12 psf.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

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

NEAREST STATIONS

National Rail

Taunton Station

0.91 miles

About Greenslade Taylor Hunt, Taunton

Greenslade Taylor Hunt, Taunton

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.

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Disclaimer - Property reference 1884FH. 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 Greenslade Taylor Hunt, Taunton. 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.