Industrial unit to let or purchase at 61 East Reach Taunton Somerset

East Reach, Taunton TA1 3EZ, UK

Facilities
  • 24 hr Access
  • Industrial Use
  • Parking
  • Vehicle Loading Door
Description

Industrial unit to let or purchase at 61 East Reach Taunton, Somerset.
WAREHOUSE / INDUSTRIAL / TRADE COUNTER / DEVELOPMENT OPPORTUNITY
21,548 sq ft (2,001.86 sq m) on 1.32 acres (0.53 ha)
+ Secure site with terraced trade counter and warehouse accommodation.
+ Additional terraced warehouse / ancillary accommodation.
+ Warehouse buildings provide varying eaves height from 4.15m to 5.9m.
+ Dual access from the A38 East Reach to the front and Victoria Gate to the rear.
+ May suit alternative use redevelopment, subject to any necessary consents.
+ Situated on A38, the primary arterial route into Taunton from the M5 Motorway, via A358.
+ Approximately 1 mile east of Taunton Town Centre.
DESCRIPTION
+ Secure site with terraced trade counter and warehouse accommodation.
+ Trade counter / showroom is broadly open plan, with small stores, office and WC’s.
+ Additional terraced warehouse / ancillary accommodation.
+ Construction comprises a mix of, clear span concrete frame & steel portal frame, with pitched roof incorporating translucent roof panels.
+ Warehouse buildings providing varying eaves height from 4.15m to 5.9m.
+ Multiple roller shutter loading doors.
+ Extra large roller door measuring 7.3m wide and 4m high.
+ Dual access from the main A38 East Reach to the front and Victoria Gate to the rear.
+ LED lighting throughout.
+ May suit alternative use redevelopment, subject to any necessary consents.
+ Yellow shaded area within demise plan is granted via a Deed of Grant, dated 13th December 1970 until 29th September 2069, providing right of way to 61
East Reach, via Victoria Gate.
ACCOMMODATION
The Property has been measured in accordance with the RICS Code
of Measuring Practice (6th edition) as follows:
SERVICES
We understand that mains services are provided to the property; including water, drainage, gas (to main terrace trade counter and warehouse) and electricity (separate supplies to main terrace trade counter and warehouse and semi-detached warehouse / industrial building to the rear of the site).
Accommodation
Sq M Sq Ft
Trade Counter / Showroom / Ancillary 390.53 4,204
Terraced Warehouse / Ancillary 1,038.99 11,184
Semi-Detached Warehouses 572.34 6,161
Total GIA 2001.86 21,548
Site Area 0.53 ha 1.32 acres
PLANNING
The property has previously been used as a Builders Merchant’s and we expect would also be suitable for Class B1(c) Light Industrial, Class B2 General Industrial, Class B8 Storage & Distribution, or potentially alternative uses, subject to any necessary planning consents. Interested parties are advised to make their own enquiries with the local planning authority in respect of the current permitted use and their proposed use.
RATEABLE VALUE
The property is listed in the Valuation List 2017 as Builders Merchant and Premises, with a Rateable Value of £119,000.
ENERGY PERFORMANCE
Full Energy Performance Certificates (EPC’s) are available upon request. The main terraced trade counter and warehouse buildings has been given an EPC rating of C (70), and the semi-detached warehouse / industrial buildings have been given an EPC rating of C (69).
TENURE
The existing long leasehold interest in the property is available to purchase, by way of an assignment of the existing lease for a term of 99 years from 29th
September 1970, expiring, 28th September 2069, in exchange for a premium. Alternatively, consideration will be given to a new Full Repairing and Insuring (FRI)
Lease for a term of years to be agreed, subject to status.
PRICE / RENT
Assignment premium or rent on new lease are upon application. The current passing rent is £72,050 per annum.
VAT
All figures are quoted exclusive of VAT.
LEGAL COSTS
Each party is to bear their own professional costs incurred in any transaction.
ANTI-MONEY LAUNDERING
The successful lessee will be required to provide the usual information to satisfy the AML requirements when Heads of Terms are agreed.
SITUATION
+ Situated on A38, the primary arterial route into Taunton from the M5 Motorway, via A358.
+ Located in a mixed residential and retail area with excellent prominence.
+ Approximately 1 mile east of Taunton Town Centre.
+ 1.2 miles south of Taunton Rail station.

Area
21548 sq ft
Loading Doors
4
Secure Yard
No
24 Hour Access
No
Minimum Availability
12 Months
Price per annum
£Price on application
Location
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