* Industrial investment
* Situated on an established and popular industrial estate
* Easy access to the main A39 Atlantic Highway
* For sale due to retirement of the owners & available for the first time in over 40 years
* 3 units let & one with vacant possession (due to the owners retiring)
* Existing tenants paying a rent of £37, 366 p. a. Equating to an average rent of £6. 04 sq ft
* At £6 psf vacant premises adds another £24, 500 p. a.
* Guide price £795, 000 reflecting a net yield of 7. 38% after an allowance for purchase costs of 5. 48% & assuming Unit 3 is let at £6 psf
These units are comprised within a single commercial building that has been
subdivided by the vendors for a mix of their own occupation and letting
purposes. It has blockwork elevations under a mix of a pitched roof on steel
trusses and a flat roof which was renewed in 2022.
There is parking to the front of the building and a good - sized yard to the
rear which offers scope for more parking or storage. Units 3A, 3B and 3C are
all occupied. The plot is approximatlery 0. 68 acres.
Unit 3 will be vacated on the completion of the sale and will then be
available for a new owner to occupy or to let and secure further income.

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