Commercial property for sale in Unit 3, Cheddar Business Park, Wedmore Road, Cheddar, Somerset BS27
* Calls to this number will be recorded for quality, compliance and training purposes.
Property 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%.
Property 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%.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Greenslade Taylor Hunt, TA1 on +44 1823 760016 * (local rate)
Disclaimer
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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