Units 39 & 40, Glenmore Business Park Challenger Way Yeovil Somerset BA22 8XG

Units 39 & 40, Glenmore Business Park
Challenger Way
Yeovil
Somerset
BA22 8XG

Freehold Warehouse/Industrial Investment

Entirely let to Travis Perkins Trading Company Limited
New 7 year lease from March 2022 (subject to option) (2)
Approximately 7,400 sq ft
Park recently constructed in 2022
Popular industrial trading location
Nearby occupiers include Volkswagen, Ford, Toyota, Land Rover, Audi, BMW, Screwfix, Halfords, Subway and KFC

Lot
12
Auction
30th March 2023
Rent
£84,000 per Annum Exclusive
Status
Withdrawn Post
Price
Auction Venue
Live Streamed Auction

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Freehold Warehouse/Industrial Investment

Entirely let to Travis Perkins Trading Company Limited
New 7 year lease from March 2022 (subject to option) (2)
Approximately 7,400 sq ft
Park recently constructed in 2022
Popular industrial trading location
Nearby occupiers include Volkswagen, Ford, Toyota, Land Rover, Audi, BMW, Screwfix, Halfords, Subway and KFC

Lot 12
Auction 30th March 2023
Rent £84,000 per Annum Exclusive
Status Withdrawn Post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
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 Atik Flooring Solutions, 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
Air: Exeter Airport and Bristol Airport

Situation

Tenure

Freehold.

Description

The property comprises a warehouse arranged on the ground and first floors, with 6m eaves height and two roller shutter loading doors. The tenant has the right to use 12 car parking spaces.

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 two roller shutter loading doors. The tenant has the right to use 12 car parking spaces.

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 (12 car parking spaces)	Warehouse Warehouse	456.25 231.70	(4,911) (2,494)	TRAVIS PERKINS TRADING COMPANY LIMITED (t/a Travis Perkins) (1)	7 years and 1 month from 31/03/2022 on a full repairing and insuring lease	£84,000	31/03/2027
Total		687.95	(7,405)			£84,000

(1) For the year ending 31st December 2021, Travis Perkins Trading Company Ltd reported an annual turnover of £2,415,400,000, a pre-tax profit of £178,300,000 and a net worth of £669,000,000. (www.northrow.com)
(2) The lease is subject to a tenant only option to determine on 30/09/2025 and 30/09/2027.

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.