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UNDER OFFER

Unit 3, Cheddar Business Park, Wedmore Road, Cheddar, Somerset, BS27 3EB

Guide Price
£750,000

£113.86 per sq ft

Business rates & charges may apply

Greenslade Taylor Hunt, Taunton
SIZE AVAILABLE

6,587 sq ft

612 sq m

SECTOR

Commercial property for sale

Key features

  • Accessible location 0.6 miles from the A371 and 10 miles from the M5 motorway.
  • Warehouse and stores totalling 5,467 sq ft plus 1,120 sq ft of modern offices to include kitchen areas.
  • A 10 year FRI lease having commenced on 28th April 2023 to Majestic Designs (UK) Ltd. with a mutual break and standard review on the 5th anniversary at a rent of £48,000 per annum.
  • Guide price £750,000, reflecting a net initial yield of 6.07%.

Description

Unit 3 is a semi-detached single bay unit of steel portal frame construction with infilled blockwork elevations up to 2.30m, then clad in insulated corrugated metal sheet panels. The unit provides a minimum eaves height of 5.30m rising to 8.00m. Access into the unit is either via a pedestrian door or via a roller shutter door measuring 4.50m x 4.70m.

Internally, the unit provides and open plan warehouse, mezzanine stores and two storey office block at the front elevation, which is predominantly constructed of blockwork elevations. The office areas consist of a reception, offices, meeting rooms, kitchen, stores and WC block.

The plot totals 0.328 acres and has a good sized yard with a total of 11 parking spaces to include a disabled space. The yard is secured within a gated compound shared with the neighbouring unit.

Accessible location 0.6 miles from the A371 and 10 miles from the M5 motorway.

Warehouse and stores totalling 5,467 sq ft plus 1,120 sq ft of modern offices to include kitchen areas.

A 10 year FRI lease having commenced on 28th April 2023 to Majestic Designs (UK) Ltd. with a mutual break and standard review on the 5th anniversary at a rent of £48,000 per annum.

Guide price £750,000, reflecting a net initial yield of 6.07%.

Brochures

Unit 3, Cheddar Business Park, Wedmore Road, Cheddar, Somerset, BS27 3EB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Worle Station8.0 miles

About Greenslade Taylor Hunt, Taunton

9 Hammet Street, Taunton, TA1 1RN

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.

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Disclaimer - Property reference 1812FH. 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.

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