Unit 5, Old Brewery Road, Wiveliscombe, Taunton, TA4 2PW

Description

The property comprises an end-of-terrace industrial building arranged over multiple levels, providing industrial / warehouse accommodation together with offices and ancillary staff accommodation. Vehicular access is available at both ground and first floor, with an electrically operated roller shutter door and ramped driveway to the upper level. The property also benefits from a secure yard and parking for approximately eight vehicles.

Accommodation

Approximate gross internal areas: Ground floor – warehouse, office and kitchen facilities: 466.6 sq m (5,023 sq ft); First floor – staff changing rooms, WCs and storage: 52.06 sq m (561 sq ft); Second floor – offices and storage: 475.8 sq m (5,121 sq ft).

Location

Situated to the west of Ford Road, close to the B3227, providing access to Taunton, approximately 10 miles to the east. Junction 26 of the M5 motorway is approximately 8.5 miles to the south.

Tenure / Property Information

Investment Analysis

The £250,000 guide equates to approximately £23 per sq ft across the stated 10,705 sq ft gross internal area, but this is not a valuation. The only same-road completed sale evidence is R G B Building Supplies at £420,000 in February 2021; its size, condition and specification are not supplied, so it cannot support a reliable adjusted GDV. Unit 4 sold for £75,000 in 2016, but its size and comparability are also unknown. No supported GDV, rental value or maximum bid can therefore be established.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack, confirming VAT and buyer charges, obtaining a building survey and securing independent commercial valuation and rental evidence.

Works Required

No specific defects or required works are evidenced. Obtain a full building survey, services inspection, roof and access review, and quotations before budgeting any refurbishment. The EPC is rated C.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable without an evidenced rent, refurbishment budget, reliable GDV and confirmed acquisition costs. The vacant freehold building has substantial stated accommodation, but its commercial refinance terms and valuation remain unknown.

Buy-to-Let Analysis

BTL analysis cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is provided. Buyer premium is unspecified and VAT may apply, so total acquisition cost is also unconfirmed.

Flip Analysis

A flip appraisal cannot be established. The £420,000 same-road sale from 2021 is insufficiently detailed for a reliable resale value, while works, selling costs, VAT and buyer charges are not quantified.

Investor Risks & Due Diligence

• Buyer premium amount is unspecified.

• VAT may apply to the sale price.

• Other seller charges may arise under the Special Conditions of Sale.

• No sufficiently specific rental evidence is available.

• No condition report or refurbishment cost evidence is provided.

• The available comparable sales are dated and lack sufficient size, condition and specification detail for adjustment.

• Commercial resale and refinance values are unsupported.

Recommendation

Do not bid on investment assumptions alone. Proceed only after reviewing the legal pack, confirming VAT and buyer charges, obtaining a building survey and securing independent commercial valuation and rental evidence.

Strategy Rating

Analysis Confidence

Property size, tenure, vacancy and one nearby completed sale are evidenced, but there is no reliable adjusted valuation, rental evidence, condition assessment, refurbishment budget or confirmed acquisition-cost schedule.