Let to Atik Flooring Solutions Limited (a flooring manufacturer and supplier)
New 5 year lease from November 2022 (subject to option)
Approximately 1,400 sq ft
Park recently constructed in 2022
Popular industrial trading location
Nearby occupiers include Volkswagen, Ford, Toyota, Land Rover, Audi, BMW, Screwfix, Halfords, Travis Perkins, Subway and KFC
Lot 31
Auction 30th March 2023
Rent £15,750 per Annum Exclusive
Status Sold Post
Price
Sector Industrial, Warehouse
Auction Venue Live Streamed Auction
Property Information
Location
Miles
40 miles south of Bristol, 47 miles north east of Exeter, 50 miles north west of Bournemouth
Roads
A37, A303, A359, M5
Rail
Yeovil Pen Mill Station
Air
Exeter Airport and Bristol Airport
Situation
The property is situated in Glenmore Business Park, a new development of 42 units in a landscaped setting in an established commercial area in Yeovil. The property is situated close to Yeovil town centre and within easy reach of the A37, A303 and the M5. Other occupiers on the Park include Travis Perkins, GSF Car Parts, and Atlantas Marine with other nearby occupiers include Volkswagen, Ford, Toyota, Land Rover, Audi, BMW, Screwfix, Halfords, Travis Perkins, Subway and KFC.
Tenure
Freehold.
Location
Miles
40 miles south of Bristol, 47 miles north east of Exeter, 50 miles north west of Bournemouth
Roads
A37, A303, A359, M5
Rail
Yeovil Pen Mill Station
Air
Exeter Airport and Bristol Airport
Situation
The property is situated in Glenmore Business Park, a new development of 42 units in a landscaped setting in an established commercial area in Yeovil. The property is situated close to Yeovil town centre and within easy reach of the A37, A303 and the M5. Other occupiers on the Park include Travis Perkins, GSF Car Parts, and Atlantas Marine with other nearby occupiers include Volkswagen, Ford, Toyota, Land Rover, Audi, BMW, Screwfix, Halfords, Travis Perkins, Subway and KFC.
Tenure
Freehold.
Description
The property comprises a warehouse arranged on the ground and first floors, with 6m eaves height and a roller shutter loading door. The tenant has the right to use 2 car parking spaces to the front.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band B
Description
The property comprises a warehouse arranged on the ground and first floors, with 6m eaves height and a roller shutter loading door. The tenant has the right to use 2 car parking spaces to the front.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Band B
Tenancy & Accommodation
Floor
Use
Floor Areas Approx sq m (GIA)
Floor Areas Approx sq ft (GIA)
Tenant
Term
Rent p.a.x.
Rent Review
Ground First
Warehouse Warehouse
85.19 44.69
(917) (481)
ATIK FLOORING SOLUTIONS LIMITED (1)
5 years from 30/11/2022 on a full repairing and insuring lease
£15,750
30/11/2025 (2)
Total
129.88
(1,398)
£15,750
(1) Atik Flooring Solutions Limited manufacture and supply flooring solutions to housing associations and residential developers. (2) The lease is subject to a tenant only option to determine on 30/11/2025.
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
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