Blackdown Business Park, Sylvan Road, Wellington, Somerset, TA21

Description :

The premises are detached occupying its own site of approximately 0.81 acres; 0.327 hectares. The building is predominantly of brick construction with dual pitched corrugated roofs, the southern & northern extensions being single storey with flat rooves. The premises have a large canopied pedestrian access fronting Sylvan Road which opens into an entrance foyer. To the right of this is a roller shutter door.

The property also benefits from pedestrian access to include a wheelchair ramp into the existing showroom at the southern end, whilst there are 5 other access points around thw building.

Location :

The property is located on the west side of Sylvan Road on the Blackdown Business Park within a short walk to Wellington's Town Centre.

Wellington with a growing resident population of 12,000 is situated close to Junction 26 of the M5 motorway, whilst the county town of Taunton is 7 miles to the east. The town continues to see notable expansion with both commercial & residential development.

Accomodation :

Unit 6A 1,550 Sq Ft

Unit 6B 1,150 Sq Ft

Unit 6C 3,600 Sq Ft

Unit 6D 4,350 Sq Ft

Unit 6E 2,900 Sq Ft

Unit 6F 6,500 Sq Ft

Unit 6G 1,100 Sq Ft

Tenure :

This site is available to purchase freehold. All Tenants are on active leases generating a total rental income of £147,300. The leases do have rent reviews which would allow any purchaser the option to increase rents at the suitable rent review dates.

Price :

Offers sought in the region of £1,500,000 for the freehold interest

Business Rates :

Potential buyers are advised to make their own enquiries in respect to the business rates.

VAT:
We are advised that VAT is not applicable on this property. Interested parties are advised to make their own enquiries accordingly.

Legal Costs :
Each party to bear their own legal costs throughout the transaction.
Energy Performance Certificate :
The property has an asset rating of 'D97'. A ful copy of EPC is available upon request.

Viewings :
Viewing are by appointment with sole agents, Galaxy Real Estate