Thornfalcon Works, Taunton, TA3
Description
FREEHOLD FOR SALE
Highly Reversionary, Multi-Let Industrial Outdoor Storage Investment
Investment Summary
26.24 acre site of mainly Class 1 IOS land along with associated ancillary buildings and non-commercial land.
Strong location 1.5 miles west of the M5 at Junction 25 and 3 miles west of Taunton city centre.
Significant reversionary potential.
Low initial passing rent of £587,650 per annum with ERV in excess of £1,000,000 per annum.
Current rents equate to £0.65 per sq ft overall on the IOS leased areas.
Freehold.
Location
Key property details
- Property type(s)
- General Industrial and Storage & Distribution Investments (Industrial and Warehousing)
- Tenure details
- Freehold £7,500,000 Offers in excess of
- Property agent(s)
- Andrew Mitchell Ed Cawse
- Carter Jonas reference
- 20018978
Description
FREEHOLD FOR SALE
Highly Reversionary, Multi-Let Industrial Outdoor Storage Investment
Investment Summary
26.24 acre site of mainly Class 1 IOS land along with associated ancillary buildings and non-commercial land.
Strong location 1.5 miles west of the M5 at Junction 25 and 3 miles west of Taunton city centre.
Significant reversionary potential.
Low initial passing rent of £587,650 per annum with ERV in excess of £1,000,000 per annum.
Current rents equate to £0.65 per sq ft overall on the IOS leased areas.
Freehold.
Location
Key property details
- Property type(s)
- General Industrial and Storage & Distribution Investments (Industrial and Warehousing)
- Tenure details
- Freehold £7,500,000 Offers in excess of
- Property agent(s)
- Andrew Mitchell Ed Cawse
- Carter Jonas reference
- 20018978