Unit 5, Stoneacre, Grimbald Crag Close, St James Business Park, Knaresborough, HG5 8PJ

Description
Unit 5 Stoneacre comprises a modern, purpose-built hybrid warehouse investment extending to approximately 5,130 sq ft, prominently positioned within the popular St James Business Park in Knaresborough. The property has been extensively fitted out to a high specification as a contemporary gym facility, incorporating open-plan training areas, dedicated fitness studios, treatment rooms and ancillary welfare accommodation across ground, mezzanine and first floor levels.

The property occupies a highly accessible location immediately adjacent to the A59, providing excellent connectivity between Harrogate, Knaresborough and Junction 47 of the A1(M), located approximately 3 miles to the east. St James Business Park is an established commercial destination benefitting from nearby retail and leisure amenities, whilst the unit itself further benefits from 9 dedicated car parking spaces within a secure estate environment.

The investment is fully let to PRIMEFITNESS 2.0 Limited on a new 5-year lease expiring March 2031, producing a passing rent of £52,500 per annum. Primefitness is an established gym operator with a strong local membership base, and the property has undergone significant investment to create a high-quality fit-out throughout, offering an attractive single-let investment opportunity in a sought-after North Yorkshire business location.

Location
The subject property is situated on the popular Stoneacre scheme at St James Business Park, located on the southern periphery of the market town of Knaresborough.

St James Business Park lies immediately adjacent to the A59 Harrogate to York Road, positioned between the affluent areas of Harrogate and Knaresborough in North Yorkshire.

Stoneacre is located at the end of Grimbald Crag Close within St James Business Park, which connects directly to the B6146 Wetherby Road, providing immediate access to the A59.

Knaresborough town centre is approximately one mile to the north, while Harrogate town centre is situated approximately four miles to the west.

St James Business Park benefits from excellent road communications. The A59 provides direct access to Junction 47 of the A1(M), located within three miles to the east, which in turn connects to the M1 and M62 motorway networks.