GROUND RENT INVESTMENT
6 Week completion
Located in this well-established industrial estate amongst such other occupiers including Screwfix, Plumbase, Ablebox and Europcar and being approx. 1 mile from the town centre. Yeovil Junction Rail Station (South-West Mainline) provides a regular train service to London Waterloo.
Yeovil is a market town situated some 12 miles north of Dorchester and 40 miles south of Bristol with good road links to the M5 (Junction 25) and A303 which links to the M3 (Junction 8).
A single storey Detached Warehouse with front Trade Counter situated upon a rectangular site which includes a front forecourt for parking approx. 6 cars and a side service road allowing vehicular access and loading. In addition, the property benefits from a roller shutter door.
GIA Approx. 4,855 sq ft incl. 2 WCs
VAT is NOT applicable to this Lot
The entire property is let on a full repairing and insuring lease from 7th February 1967 to 31st March 2065 (thus having approx. 47¾ years unexpired) to J S Partners & Co. Ltd at a current rent of £4,728 per annum exclusive.
Rent Reviews February 2027 and 20 yearly based on site value.
The lessees have informed us that they have sublet to a connected company.