Knuway House, Cranborne Road
- SIZE AVAILABLE
1,090 sq ft
101 sq m
- SECTOR
Light industrial facility for sale
Key features
- INVESTMENT OPPURTUNITY
- LEASEHOLD INDUSTRIAL UNIT
- 1,176 SQFT OR 109.2 SQ M
- PARKING
- VERY WELL PRESENTED UNIT
- APPROX 6% YIELD
- WELL ESTABLISHED BUSINESS
- VIEWINGS HIGHLY RECOMMENDED
Description
Leasehold two storey very well presented industrial unit and office space facility situated on Cranborne Industrial Estate with allocated parking spaces, comprising of two parking spaces at the front and two at the rear of the unit, the two at the rear of the unit have two container storage units (which do not form part of the sale).
The unit is offered with a 979 year lease remaining with a fixed peppercorn ground rent.
The unit is to be let on completion of the sale to a company who are a long-established UK motorcycle accessories specialist with a 10 year lease, a tenant only break together with a rent review on the fifth year at an annual rent of £20,000 PA.
The overall measurements are 1,176 SQ FT or 109.2 SQ M. The unit currently yields a gross income of £20.000 per annum and this investment opportunity provides a gross yield of 6% based on the current rental figure being achieved.
VIEWINGS STRICTLY BY APPOINTMENT via the Landlord's agent (Duncan Perry).
Ground Floor Showroom - 7.05 x 7.35 (23'1" x 24'1") - Roller shutter with double glazed sliding door, track and pendent lighting and rubber matting flooring.
Back Office - 2.61 x 2.53 (8'6" x 8'3") - Fitted desks with wall mounted units.
Wc - 1.65 x 1.90 (5'4" x 6'2") - WC with hand wash basin and mixer tap.
Upstairs Office/Storage - 7.05 x 7.35 (23'1" x 24'1") - LED ceiling lighting, double glazed windows and carpet tiled flooring.
Disclaimer - Property Information
We believe this information to be accurate, but it cannot be guaranteed. If there is any point which is of particular importance we will attempt to assist or you should obtain professional confirmation. All measurements quoted are approximate. The fixtures, fittings, appliances and mains services have not been tested. These Particulars do not constitute a contract or part of a contract.
Brochures
Knuway House, Cranborne Road
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Potters Bar Station0.7 miles
- Brookmans Park Station1.1 miles
- Welham Green Station2.1 miles
Notes
Disclaimer - Property reference 34950169. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by DUNCAN PERRY COMMERCIAL, Duncan Perry. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.





