Business for sale

Business description

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.