Buy a Freehold Small Rural Trading Estate business for sale in Somerset on BusinessesForSale.com

  • Listing ID: 870150
  • (Seller ref: CR138)

Freehold Small Rural Trading Estate For Sale


Location:
Category:
Type:

Listed by:


Asking price:
£425,000
Sales revenue:
Available on request
Cash flow:
Available on request

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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.


Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. All accounting information will be made available by the vendor on request.


Property:
Freehold

Reasons for selling:
The vendor wishes to diversify and invest in additional commercial interests.

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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