Unit 6, Glenmore Business Park Challenger Way Yeovil Somerset BA22 8XG

  • Unit 6, Glenmore Business Park<br>Challenger Way<br>Yeovil<br>Somerset<br>BA22 8XG

Unit 6, Glenmore Business Park
Challenger Way
Yeovil
Somerset
BA22 8XG

Freehold Warehouse/Industrial Investment

  • 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
     
  • Auction Venue
    Live Streamed Auction
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Freehold Warehouse/Industrial Investment

  • 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.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Seller's Solicitors
Seddons Solicitors 5 Portman Square
London
W1H 6NT
Sangeeta Somchand 020 7725 8048sangeeta.somchand@seddons.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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