2, Jarman Way TA20
10,689 sq ft (993 sq m)
The subject premises comprise a self-contained single storey building constructed of cavity brick elevations under a pitched tiled roof. The premises comprise of a reception with offices adjacent, staff welfare and goods in and out bays and a large open plan commercial area, currently used for garment production.
To the front of the property is a tarmacadamed forecourt with a 4-bay lorry park and parking for 31 cars. To the side and rear of the property are grassed areas.
The property has an eaves height of 3.00m to the underside of a suspended ceiling.
The site extends to 1.189 acres with a site coverage of approximately 21%.
The tenant is an established company engaged in the manufacture and wholesaling of luxury textile goods. The Company reported a turnover for 2024 of £16,417,488 with a Pre Tax Profit of £1,310,265. Creditsafe score is B [55] - Low Risk.
Key Features
- Current Rental Income £57,000pa
- Low Site Coverage
- Potential to Develop remainder of site
- Energy Performance Asset Rating- 63 (Band C), expiring 28 November 2034. The Certificate can be made available to interested parties upon application.
Location
The Property is located in the town of Chard in the County of Somerset. It is located on the A30 close to the Devon and Dorset borders and is approximately 15 miles south-west of Yeovil and 14 miles south of Taunton. The nearest motorway junction is J25 of the M5, 21 miles to the north and the A303 is 6.5 miles to the south. Chard is a small market historic market town with a current population of 13,000 and is the second largest town within South Somerset.
The subject property is located on the Chard Business Park which is a modern well-established estate located to the north of the town with direct access off the A358 predominantly occupied by local businesses.
Terms & Conditions
The Property is currently leased to Carrington Hull Associates Limited who have renewed their lease for a term of 5 years from 09 August 2025. The passing rent is £57,000 pa.
Property is held on a full repairing lease, subject to a Schedule of Condition.
Tenant break clause 8 August 2028, subject to a minimum 6 months notice.
Lease is contracted out on the 1954 Act.
- Tenure
- Freehold £800,000 Offers in the region of
- Size
- 10,689 Sq Ft 993 Sq M
- Type
- Investments (Retail, Leisure & Hotels) Investments (Industrial and Warehousing) Investments (Offices and Labs)
- Carter Jonas reference
- 20018511
- Property agent
- Colin Scragg