Property consultants Alder King have been instructed by Summerfield Developments to dispose of two quality interconnected industrial units on Westpark 26 in Wellington, Somerset on either a freehold or leasehold basis.
Demand for industrial space has been a key feature of the commercial property market for several years, with fierce competition for top quality units often leading to sales being agreed by best bids.
Andrew Maynard, partner at Alder King’s Taunton office, said: “Freehold units are incredibly sought after by businesses wanting to buy rather than rent their premises, yet there are very limited opportunities available. These two units are being offered freehold with a guide price of £650,000 and will therefore generate significant interest.”
Part of a small modern terrace constructed in 2016, Units A7 and A14 sit back-to-back and provide 5,192 sq ft of interconnected space, with mezzanine floors maximising the available floorspace.
The accommodation is configured to provide a mixture of storage space, offices and areas for chilled storage, making them a highly attractive proposition for a food sector occupier.
Whilst their freehold nature makes them of great interest to prospective owner-occupiers, Alder King says both units are also available on a leasehold basis.
Westpark 26 is one of Somerset’s leading business parks, conveniently located half a mile from Junction 26 of the M5. It now has over 200,000 sq ft of industrial warehouses, distribution depots, workshops, trade counters, offices and small employment units housing a broad spectrum of businesses, complemented by a range of excellent on-site amenities.
The park continues to develop and has planning consent in place for a wide range of uses including distribution, logistics, manufacturing, trade counter, health, offices, frontage and roadside users.