Humberts have recently agreed the sale of Unit 2 Fideoak Mill, Fideoak, near Bishops Hull within Taunton. The investment being an industrial unit located between Taunton and Wellington was for sale at a guide price of £219,950 for the freehold interest. The industrial unit had a Gross Internal Area of 436.71m² (4,699 ft²) and was let at a rental of £20,000.04 per annum until 31 August 2026. It had a shared scalped yard to the front.
Stephen Richards who heads up the Commercial Department for Humberts comments “we have seen an increase in demand for investments in the last 6 months especially after the General Election. There seems to be an increase in confidence for commercial property and Humberts have sold 6 similar investment properties in the last 6 weeks showing a clear indication improvement in the commercial property market”.
