Commercial property for sale in Midsomer Enterprise Park, Radstock Road, Midsomer Norton, Radstock BA3

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