Mill Batch Farm, East Brent, Somerset, TA9

££395,000

Distribution Warehouse For Sale

LOCATION
The Property is located in a central position on Mill Batch Farm Industrial Estate, which benefits from excellent road access from the A38 and only 2.5 miles from J22 of the M5 motorway.
Approximate distance and travel time:

Bristol – 23 miles / 60 minutes
Weston Super Mare – < 8 miles / 20 minutes
Bridgwater – < 15 miles / 23 minutes
Taunton – < 23 miles / 32 minutes
Yeovil – 33 miles / 60 minutes
Wells – < 16 miles / 35 minutes
Source Google Maps.

Key occupiers of the estate include Think Drinks; Coopers Cars Southwest and Commercial Space Solutions Plus to name a few.

DESCRIPTION
A parade of 3 x self-contained storage and distribution units, refurbished to a high standard in late 2022 and now fully-let and yielding an aggregate annual rental income of £31,800 per annum, exclusive.

ACCOMMODATION
Accommodation Sq M Sq Ft
Unit 5A - Ground 53 571
Unit 5A - First 45 487
Unit 5A Gross Internal Area 98 1057

Unit 5B - Ground 48 519
Unit 5B - First 28 303
Unit 5B Gross Internal Area 76 823

Unit 5C - Ground 84 904
Unit 5C Gross Internal Area 84 904

Aggregate Gross Internal Area 259 2,784

SERVICES
The property benefits from connection to mains electricity and water, whilst drainage is to a new shared private sewage treatment plant

TERMS
Freehold, subject to and with the benefit of 3 occupational leases. The purchaser will be obligated to contribute annually to a maintenance and repairs charge to common areas.

OUTGOINGS
A search on the Valuation Office Agency website revealed the following rating assessments (2023 List):
Unit 5A – To be confirmed.
Unit 5B – £4,950
Unit 5C – £6,800

VAT
The property is elected for VAT which will therefore be payable on the purchase price.

LEGAL COSTS
Each Party to bear its own legal and professional costs.

SERVICE CHARGE
All units have a service charge in place – further details available upon request.

PARKING NOTES
There is a combined 6 allocated car parking spaces on site.

PLANNING
We have assumed the property benefits from Use Class B8 (Storage and Distribution).

OTHER
Fixtures & Fittings
All fixtures, fittings and trading equipment are specifically excluded unless mentioned in these particulars. No tests have been carried out on any appliances or services at the premises and neither the vendors nor their agents give any warranty as to their condition. Prospective purchasers should make their own investigations.

VIEWING
For further information or to arrange an inspection please contact the sole agents Cooper and Tanner via their Commercial Property Department.

Tenure: Please confirm with Cooper and Tanner Commercial whether this property is freehold or leasehold

Mill Batch Farm, East Brent, Somerset, TA9
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No EPC available for this property

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Office Details

Commercial Office
41 High Street
Glastonbury
BA6 9DS

0345 0347758
commercial@cooperandtanner.co.uk

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