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Investment

Investment For Sale Chard

PROPERTY ID: 142322

PROPERTY TYPE

Investment

STATUS

Available

SIZE

10,689 sq.ft

Key Features

Current Rental Income £57,000pa
Low Site Coverage
Potential to Develop remainder of site

Property Details

The Subject Premises Comprise A Self-contained Single Storey Building Constructed Of Cavity Brick Elevations Under A Pitched Tiled Roof. The Premises Comprise Of A Reception With Offices Adjacent, Staff Welfare And Goods In And Out Bays And A Large Open Plan Commercial Area, Currently Used For Garment Production.

To The Front Of The Property Is A Tarmacadamed Forecourt With A 4-bay Lorry Park And Parking For 31 Cars. To The Side And Rear Of The Property Are Grassed Areas.

The Property Has An Eaves Height Of 3.00m To The Underside Of A Suspended Ceiling.

The Site Extends To 1.189 Acres With A Site Coverage Of Approximately 21%.

The Tenant Is An Established Company Engaged In The Manufacture And Wholesaling Of Luxury Textile Goods. The Company Reported A Turnover For 2024 Of £16,417,488 With A Pre Tax Profit Of £1,310,265. Creditsafe Score Is B [55] - Low Risk.

The Property Is Located In The Town Of Chard In The County Of Somerset. It Is Located On The A30 Close To The Devon And Dorset Borders And Is Approximately 15 Miles South-west Of Yeovil And 14 Miles South Of Taunton. The Nearest Motorway Junction Is J25 Of The M5, 21 Miles To The North And The A303 Is 6.5 Miles To The South. Chard Is A Small Market Historic Market Town With A Current Population Of 13,000 And Is The Second Largest Town Within South Somerset.
The Subject Property Is Located On The Chard Business Park Which Is A Modern Well-established Estate Located To The North Of The Town With Direct Access Off The A358 Predominantly Occupied By Local Businesses.

Current Rental Income £57,000pa

Low Site Coverage

Potential To Develop Remainder Of Site

Energy Performance Asset Rating- 63 (band C), Expiring 28 November 2034. The Certificate Can Be Made Available To Interested Parties Upon Application.

About the Agent

Carter Jonas LLP

See Agent's Other Properties

Investment Unit

£800,000 Freehold

2,Jarman Way, Chard, TA20 1FB
Investment - Available
10,689 sq ft
993 sqm
Show phone number

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