Industrial investment sold within Taunton

Chesterton Humberts have recently agreed the sale of Units 4 and 5 Fideoak Mill, Fideoak, near Bishops Hull on the edge of Taunton. Units 4 and 5 were occupied as one unit and had a gross internal area of 247.19 sq m (2,659 sq ft) and were available at a guide price of £119,950 for the freehold interest. The property was subject to a lease to JM Autos at a rent of £13,000 per annum with the lease expiring on 6 April 2021.

Stephen Richards of Chesterton Humberts comments “We have received strong interest for the units at Fideoak Mill since bringing them to the market and have recently sold three investment properties after competitive bidding”.