Commercial property for sale in Unit 3 & 6, Cheddar Business Park, Wedmore Road, Cheddar, Somerset BS27

Guide price £1,750,000 (£87.54/sq. ft)
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Commercial property for sale

19,990 sq. ft*

Property features

  • Accessible location 0.6 miles from the A371 and 10 miles from the M5 motorway.
  • Warehouses and stores totalling 16,270 sq ft plus 3,720 sq ft of modern offices to include staff areas.
  • Two separate leases based on 10 year Fri terms with mutual breaks and standard reviews on the 5th anniversaries at a combined rent of £114,000 per annum.
  • Guide price £1,750,000, reflecting a net initial yield of 6.13%.

Property description

Two industrial units situated on Cheddar Business Park on opposite sides of the main access road. Unit 6 is a detached two bay unit while Unit 3 is a single bay semi-detached unit, both are of steel portal frame construction with infilled blockwork elevations up to 2.30m, then clad in insulated corrugated metal sheet panels. Unit 6 has the added benefit of a lean-to extension but both units provide a good minimum eaves height, Unit 6 - 4.70m & Unit 3 - 5.30m. Access into either unit is via a pedestrian door or via a roller shutter door; Unit 6 benefits from three roller shutter doors.

Internally, both units provide open plan warehousing & stores and a two storey office block, this is predominantly constructed of blockwork elevations in each unit. Both office areas consist of a reception, offices, meeting rooms, kitchen, stores and WC block.

Unit 3's plot extends to 0.328 acres while Unit 6's plot extends to 0.546 acres, providing a total area of 0.874 acres.

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

Warehouses and stores totalling 16,270 sq ft plus 3,720 sq ft of modern offices to include staff areas.

Two separate leases based on 10 year Fri terms with mutual breaks and standard reviews on the 5th anniversaries at a combined rent of £114,000 per annum.

Guide price £1,750,000, reflecting a net initial yield of 6.13%.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Greenslade Taylor Hunt, TA1 on +44 1823 760016 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greenslade Taylor Hunt, and do not constitute property particulars. Please contact Greenslade Taylor Hunt for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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