* Vacant Office/Business Centre
* Situated within Popular Industrial Park
* Erv Circa £75, 000 per annum if fully let
* Potential to Convert to Industrial Space - Subject to Planning
* Potential Yield of 16% on Guide Price when Let
**Strapline**
Auction Sale - 10/10/2023
Of Interest to Investors
Vacant Office/Business Centre in Popular Industrial Location
3, 763 sq ft (349. 54 sq m) - erv of circa £75, 000 per annum if fully let
**Description**
The property comprises a well located office/business centre offered with full
vacant possession.
Situated in the popular Midsomer Enterprise Park, the property is arranged
across ground and first floors and comprises two adjoining units.
The accommodation has been partitioned to provide 19 suites in accordance with
the previous use as a business centre.
With previous lettings achieving between £20 - £30 per sq ft, we consider a
conservative estimate of the erv to be in the order of £75, 000 per annum. The
property would suit continuation of its current use as a business centre, with
a number of local occupiers requiring surplus office space. Alternatively the
property could be converted to provide industrial/workshop space similar to
the surrounding use (subject to obtaining requisite consents).
Midsomer Norton is a popular commercial location due to its convenient
position less than 15 miles from both Bristol and Bath.
**Location**
* Bath - 9. 8 miles
* Bristol - 14. 6 miles
**By Order**
Bath & North East Somerset Council

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