West 303, Sparkford, Yeovil, BA22 7JJ_Property for Sale
West 303, Sparkford, Yeovil, BA22 7JJ_Property for Sale

West 303, Sparkford, Yeovil, BA22 7JJ

303 Sparkford Hill Lane, Yeovil, Somerset, BA22 7JJ, UK

Description

West 303 Sparkford, originally the home of Haynes Publishing Group, the world’s largest publishers of automotive manuals, having produced and sold over 200m copies since the early 1970s. Haynes Publishing, to this day, remains in occupation.


The estate has recently been extensively refurbished and reconfigured to provide a number of self-contained units, the majority of which are steel portal-framed structures occupied as warehouses, light manufacturing, and offices.


Two of the larger occupiers, Yapp Bros and Emtech Hatchery Systems, have undertaken significant tenant improvements, further enhancing the buildings and their long-term commitment to the estate.

In general, the buildings comprise:


• Open span steel portal frame structures for the majority of the buildings

• Profile steel cladding with stone at lower levels

• Electrically operated up/over Roller Shutter doors and steel personnel doors

• Security perimeter fencing throughout

• Substantial main car park for circa 65/70 Cars

• A combination of Warehousing, manufacturing and offices

...

Attributes

Building area net
7,671 sm
Occupancy
100%
WAULT
12.37 years
Asking price
₱462,734,000

Media

Investment highlights

  1. Yeovil is a historic and prosperous market town with a population of c 65,000
  2. Easy access to the A303 trunk road, providing the main access road through the heart of Somerset, linking into the M5 at Exeter
  3. West 303 comprises a multi let industrial estate which has undergone significant recent refurbishment
  4. Tenants have also undertaken significant capital improvements to their units, highlighting their commitment to the buildings
  5. 82,574 sq ft (7,671.31 sq m) GIA of industrial and office accommodation
  6. Site area of 4.3 acres, with 0.72 acres of excellent parking provision
  7. Freehold
  8. Rental income of £496,750 per annum exclusive
  9. Low base rent of only £6.02ft overall with strong growth potential
  10. Strong income stream with AWULT of 12.37 years to expiry, and 3.85 years to break
  11. 95% of the income headquartered on the estate


We are instructed to seek offers in excess of £6,000,000 (Six Million Pounds) subject to contract and exclusive of VAT, reflecting a Net Initial Yield of 7.76% (assuming purchaser's costs of 6.71%). This equates to a capital value of only £72.66 per sq ft.

West 303, Sparkford, Yeovil, BA22 7JJ 4_Property for Sale
West 303, Sparkford, Yeovil, BA22 7JJ 4_Property for Sale

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West 303, Sparkford, Yeovil, BA22 7JJ (0 Properties)

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Last updated
Sep 10, 2025