Mixed Use Business Units Investment For Sale in Ilminster, Somerset

This property is marketed by:
Greenslade Taylor Hunt

FOR SALE: Industrial Estate Investment | Rose Mills Industrial Estate, Ilminster, Somerset, TA19 9PS | Guide price £1,500,000

Key Features

• Located less than half a mile from the A303.
• A mixed-use industrial estate providing a mix of small and large business units with ample parking
• Multi-let investment providing different income streams and reduced risk
• Long standing tenants in situ

Description

Rose Mills Industrial Estate is a mixed-use industrial estate on a site of approximately 1.73 acres, comprising a mix of industrial, office, hospitality and open storage accommodation. The Mill House is a Grade II listed two storey building constructed of stone and brick elevations under a pitched tiled roof. The ground provides a mix of cellular and open plan office/studio accommodation. The first floor provides offices/ studio areas and a café area. Units 2 & 3 and 3b comprise a 3 storey former mill building constructed of ham stone rubble elevations under a tiled pitched roof. The ground floor is largely open plan gym, as is the mezzanine. Units 4B, 5, 6 and 7 adjoin the former mill providing industrial accommodation. Unit 4B is a small unit of brick elevations under a tiled lean to roof. Unit 5, 6 and 7 provide industrial accommodation with brick elevations with unit 5 being a tiled roof and units 6 and 7 being pitched single skin steel sheet roofs. Units 10A - F are mostly small storage units constructed of rendered block elevations under a single skin pitched fibrous cement roof. Units 11 - 14 comprise a detached terrace of modern industrial units constructed of part brick facing block elevations, clad and roofed in insulated steel sheet. The site provides ample parking for the occupiers in addition to loading and unloading areas with 24 hour access available to all occupiers.

Location

Rose Mills Industrial Estate occupies a prominent position just off Hort Bridge, less than half a mile from Ilminster town centre. The estate benefits from excellent access to the A303 and A358, the former being one of the South West’s main east–west arterial routes. Ilminster, which has a population of approximately 6,000, is an attractive market town with good road communications being within 1 mile of the A303 London to Penzance trunk road. The town is 12 miles east of the county town of Taunton and 14 miles west of Yeovil, whilst both Exeter and Bristol are readily accessible.