Commercial property for sale in Ash House, Bindon Road, Taunton, Somerset TA2

£1,125,000 (£131.76/sq. ft)
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Commercial property for sale

8,538 sq. ft*

Property features

  • Located on an established business park within Taunton's town centre.
  • Well maintained and managed building providing quality air conditioned offices.
  • Built in 1998 by A&H Gadd Ltd for their own occupation.
  • Multi-let providing different income streams and reduced risk.
  • Most tenants have been in occupation many years and have recently renewed their leases.
  • Total: 8,538 sq ft. Plus ample car-parking.
  • Rent £101,432 per annum when fully let. This reflects £11.88 psf overall which we feel to be at a fair market level with a number of tenants having renewed their leases recently.
  • Guide price £ 1,125,000 reflecting a net initial yield of 8.5% after purchasers costs.
  • The above reflects £131.76 psf.

Property description

The property comprises a two storey purpose built modern office building arranged with a reception and service core between its east and west wings making it ideally suitable for occupation by a number of different tenants.

The offices predominately benefit from the following features:-
Sizeable entrance hall and reception.
Passenger lift and full dda compliance.
Suspended ceilings with compliant light fittings.
Air conditioning and double glazing throughout
Dado and skirting perimeter trunking.
WC & Kitchenette facilities on both floors.
Carpeting throughout.
Ample car parking currently numbering 42spaces. Not Allocated.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Greenslade Taylor Hunt, TA1 on +44 1823 760016 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Greenslade Taylor Hunt, and do not constitute property particulars. Please contact Greenslade Taylor Hunt for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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