Oxford Road, Pen Mill Trading Estate, Yeovil

Property Details: • Type: Commercial Property • Tenure: FREEHOLD • Floor Area: 10027 sqft

Key Features: • Located on popular trading estate • Trade counter unit • Storage, office and workshop space • Parking and loading facilities • Available to lease or for sale • Additional £10,620 per annum investment income

Location: • Nearest Station: Yeovil Pen Mill Station • Distance to Station: 0.6403988500589256 miles

Agent Information: • Address: Burraton House, 5 Burraton Square, Poundbury, Dorset, DT1 3GR

Full Description: Well-located trade counter business unit (vacant possession) with a second unit (under lease) providing workshops, stores and office. Freehold for sale.<br /><br /><b>The Property</b> - The property comprises the former premises of Davenport Saws, a trade counter business unit with workshops and stores comprising 458.68 sq m (4,937 sq ft) of ground floor space, which is currently vacant. There is also a later extension providing workshop, storage and office facilities totalling 472.82 sq m (5,089 sq ft) over ground floor and mezzanine. The extension has historically been occupied under a separate commercial lease, providing £10,620 per annum in rental income. The current occupiers have served notice of their intention to vacate the property, and the property is now offered for sale with vacant possession. The buildings are predominantly steel-framed structures with a mixture of profile steel and brick cladding beneath corrugated cement fibre roof finishes. The property is served by an asphalt surfaced parking, loading and access area to the front, with the entrance directly off Oxford Road. It is in an area of similar business units and forms part of the wider Pen Mill Trading Estate.<br /><br />The former trade counter premises is also available to lease for £30,000pa.<br /><br /><b>Freehold Sale</b> - The freehold title is available to purchase, to include both units totalling 10,026 sq ft, of which 458.68 sq m (4,937 sq ft) is vacant and 472.82 sq m (5,089 sq ft) is occupied under a rolling 6-month commercial lease, generating £10,620 per annum in rental income.<br /><br /><b>Available To Let</b> - The trade counter business unit with workshops and stores comprising 458.68 sq m (4,937 sq ft) of space is available to let separately under a commercial lease on terms to be agreed.<br /><br /><b>Situation</b> - Pen Mill Trading Estate is a vibrant and established business hub located in Yeovil, offering a variety of shops and services for both locals and visitors. It is located approximately 1 mile from Yeovil's town centre.<br /><br /><b>Local Authority</b> - Somerset Council Tel: <br />Business Rates:<br />Trade Counter RV: £24,250 <br />Later extension RV: £18,000<br /><br /><b>Services</b> - Mains electricity, water, gas and drainage.<br />Mobile coverage is good and Ultrafast Broadband is available. (ofcom.org.uk)<br /><br /><b>Directions</b> - What3words///offers.gather.ask<br /><br />