12 Multi-use Industrial Units in Somerset West Business Park

12 Multi-use Industrial Units in Somerset West Business Park

An exceptional investment opportunity. It could also be partly used by the owner and let the remainder for income.

Located in Somerset Business Park, this property offers 12 light industrial units (or mixed use), which are fully Let currently.

The existing building structure spans 589sqm, with an additional proposed building of 98sqm, set on a 1355sqm erf.

Leases are approximately one year and are at different stages. Yield is approx 7.8% on 100% occupancy.

Key features include:

- GB1 Zoning

Each unit is equipped with its own kitchenette, toilet, and basin for tenant convenience.

Eskom electricity supply with a solar installation for energy efficiency.

12 dedicated tenant parking bays and 8 public parking spaces for easy access.

The structure is U-shaped, allowing tenants direct access to units.

Some units are road facing, allowing showroom capability.

Three loading bays, enhancing operational efficiency.

3 Phase Electricity is available with some units.

Capital growth is approx 8% in area.

* CC holding the asset can be purchased, as the property is the only asset. The CC is VAT registered

* The property can be purchased as a Going Concern with Zero Vat rate applied.

Security with a boomed area and 24-hour armed response & monitored cameras.

The units are ideally located, close to transport routes.