Summary - Watercombe Park, Lynx Trading Estate, Yeovil BA20 2HL
1 bed 1 bath Commercial Property
Well‑located Yeovil asset with secure income and land for value-add development.
- Total NIA 23,596 sq ft across two detached office buildings
- Passing rent £249,837 pa rising to £261,837 pa in Dec 2025
- Fully let to three tenants including Boeing UK (wault 5.90 yrs)
- Adjoining 0.30 acre parcel with development potential (STPP)
- Generous allocated parking plus overflow parking area
- Tenant break options exist; 3.10 yrs to earliest break creates re‑letting risk
- EPCs vary from A to C across suites; some suites recently refurbished
- Local area records above average crime rates
A substantial freehold office investment on Yeovil’s principal trading estate, let to three tenants including Boeing UK. The pair of detached, purpose-built buildings provide a combined NIA of 23,596 sq ft across a 1.26 acre site, producing a current passing rent of £249,837 pa rising to £261,837 pa in December 2025. The sale is offered with a guide of offers in excess of £3,250,000 (reflecting a c.7.20% NIY at stated purchasers’ costs).
Income security is supported by long leases but purchasers should note tenant break options and staggered expiries (WAULT c.5.9 years to expiry; 3.1 years to earliest break). EPC ratings vary across suites (A to C); Piasecki House has recently refurbished offices and is fully occupied by Boeing UK. Allocated parking is generous with additional overflow spaces and an adjoining c.0.30 acre parcel currently used for overflow parking that may offer development potential subject to planning (STPP).
This asset suits an investor seeking immediate income and short‑to‑medium term asset management upside — rent reviews, lease renewals and potential redevelopment of the adjoining land. Material considerations include existing break options and expiry profile, above‑average local crime levels, VAT implications, and the need to progress any development plans through the local planning authority.
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