Kiwi Seed Co (Marlborough) Ltd occupies two buildings, including a 315sq m concrete floor drying and storage shed; and a 277sq m seed processing shed with twin roller door access.
Ironside Engineering occupies two buildings: a 119sq m concrete floor workshop and adjacent lean-to; and a 97sq m concrete floor packaging store.
The freehold land and buildings located at 377 Vickerman St are now being marketed for sale at auction at 12pm on Friday May 17 through Bayleys Marlborough.
Agents Kurt Lindsay and Peter Coldwell say the greater property encompasses a tar-sealed driveway carpark and yard, an additional metalled yard, mains power, sewage connections, water supply, shelter hedging around the boundaries, a concrete pad for gas tank storage, and a small portion of lawn with shaded trees.
"Typically, investment yields for commercial and light industrial properties around Blenheim range from 6 per cent to 9 per cent depending on the tenancies, their lease terms, and the quality of the buildings," Lindsay says.
"The buildings have been maintained in a good condition and there is potential use for a variety of light industry and agricultural or horticultural-based tenants."
