Unit 2B Commerce Park, Frome_Property for Sale
Unit 2B Commerce Park, Frome_Property for Sale
Commerce Park, Frome, Somerset, BA11 2FB, UK

Unit 2B Commerce Park, Frome

Asset Description

The property is a purpose-built warehouse consisting of two interconnected units, covering a total area of 43,351 sq ft. The unit is constructed with a steel frame, concrete flooring, blockwork walls, and profile steel sheeting to both walls and roof. 


It offers both warehouse and office space, along with ample parking and a sizeable yard at the front and side of the premises. 


The warehouse features a generous eaves height of approximately 7.60m (with a haunch height of around 6.00m) and is easily accessible via four level access loading doors at the front of the unit.

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Attributes

Building area gross
4,018 m²
Occupancy
100%
Asking price
€5,244,000

Media

Investment Highlights

  • Modern industrial unit located on Commerce Park, Frome
  • Located 12 miles south of Bath and 24 miles south west of Bristol
  • The warehouse extending to 43,351 sq ft, comprises two interconnecting units to form a single demise
  • Let to EPD Insulation Group from 31 May 2024 for a term of 10 years at a rent of £325,000 per annum equating to £7.50 per sq ft
  • Large site area of 2.23 acres site reflecting a site coverage of 41% 
  • Freehold


We are instructed to seek offers in excess of £4,350,000 (Four Million, Three Hundred and Fifty Thousand Pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 7% (assuming purchaser's costs of 6.56%). Capital value of £100 per sq ft

Unit 2B Commerce Park, Frome 4_Property for Sale
Unit 2B Commerce Park, Frome 4_Property for Sale

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Unit 2B Commerce Park, Frome (0 Properties)

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Last updated
5 Dec 2024