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CR138 -Freehold Small Rural Trading Estate
Asking Price:
GBP 425000
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Business Location:
United Kingdom » Somerset » Somerset
Category:
Real Estate
»
For Sell
Description:
Freehold Small Rural Trading Estate
Ref.CR138
Location Somerset
Asking Price £ 425,000
Located in rural Somerset this small group of industrial units are located on farm land within easy reach of the local community and within twenty minutes of the M5 motorway.
There a seven small units split into nine small lots plus a storage area all of which are occupied by a range of small to medium size enterprises most of whom have been tenants for a number of years.
Units by size, rental income and occupancy of tenant:
Dutch Barn 400sq ft, occupied for five years, rent £210 per month
Dutch barn 400sq ft, owner occupied, rent £100 per month
Dutch Barn 800sq ft, occupied for one year, rent £250 per month
Unit One 600 sq ft, occupied for four years, rent £262 per month
Unit One A 300 sq ft, occupied for three years, rent £192 per month to include use of storage container
Unit Two 600 sq ft, occupied for six months, rent £262 per month
Unit Three 600 sq ft new tenant, rent £262 per month
Unit Four A 1500 sq ft, occupied for seven years, rent £600 per month
Unit Four B 1500 sq ft, occupied for six months, rent £600 per month
Total annual rental income £32,856.
Tenants are responsible for maintenance and repairs.
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
N.A.
Year Established:
2000
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
Yes
Number of Employees
:
N.A.
No of trading hours:
N.A.
Reasons for selling:
The vendor wishes to diversify and invest in additional commercial interests.
Market competition and expansion:
N.A.
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