* Freehold
Galaxy Real Estate is happy to present a very lucrative and attractive
investment opportunity for our clients.
Description:
Units 3, 4 and 5 are located at the rear of the estate and are currently
arranged as one building having previously had blockwork partition walls
removed. The building is predominantly of Steel portal frame construction with
external part brick and part steel clad elevations and internal concrete block
walls under a part steel and part asbestos cement roof with north lights. This
building has three loading doors providing scope for subdivision and the
benefit of a steel clad extension which has been added to the rear with an
eaves height of 5m. Offices with kitchen and WCs are accommodated within a
brick build extension on the eastern elevation. Further WC provision is
available within the main industrial area. Externally there are generous yard
areas.
Units 6 & 6 A are positioned to the front of the estate. The buildings are of
steel portal frame construction with brick walls which have been overclad on
the front elevations. The units are interconnected. Unit 6 A is arranged in
two bays each with a pitched steel clad roof. There is a loading door to the
front, the minimum eaves height is Sm and the height to pitch is 8. 2m. Unit 6
is located at a higher level and accommodates W/Cs and a kitchen facility.
Access to front is via double doors. Externally there are good asphalt
surfaced yard areas both front and rear.
Location:
The property is located 1 mile from Frome town centre on the A362 a short
distance from Frome Station. The property is conveniently positioned for
access to the A361 which links with the main A36 to the east and the A37 to
the west. Adjacent occupiers on the estate include Bath Theatrical Costume
Hire and The Carpet Factory Frome, other nearby occupiers include Your Storage
Space, Blue Care and The B&M Store.
Accomodation:
The property has been measured on a Gross Internal Area basis in accordance
with the RICS Code of Measuring Practice. The floor areas calculated are noted
below:
Unit No. sq FTUnit 3, 4 & 5
15, 393
Unit 61, 464Unit 6a3, 220Total20, 077
Tenure:
This site is available to purchase Freehold. There are currently tenants with
active leases in all the units bringing in a Total Rental Income of £146, 160
which will increase at Year 3 of the Tenancies, where the Rent Review is done.
Tenancy Schedule:
Tenancy Schedule has been attached in the brochure.
Legal Costs:
Each party to bear their own legal costs throughout the transaction.
Business Rates:
Potential buyers are advised to make their own enquiries in respect to the
business rates
Offers:
We are seeking offers in the region of £1, 500, 000
Enquiries:
Simarjeet Singh | |
Kevneet Grover | |
Galaxy Real Estate |

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