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Grimbald Crag Clos - Stoneacre 4,600 SF Flex Condo Unit Offered at $794,786 in Knaresborough HG5 8PJ
Investment Highlights
- The subject property is situated on the popular ‘Stoneacre’ scheme at St James Business Park
- 9 dedicated car parking spaces
- Wall mounted radiators (electric)
- Part suspended ceiling / part exposed soffit
- Electronic roller shutter
- Perimeter trunking
Executive Summary
The subject property is situated on the popular ‘Stoneacre’ scheme at St James Business Park, on the southern periphery of the market town of Knaresborough. St James Business Park lies immediately adjacent to the A59 Harrogate to York Road between the affluent areas of Harrogate and Knaresborough in North Yorkshire. The subject property comprises a two-storey warehouse that has been extensively fitted out to provide a high-specification gym facility. The ground floor features a reception and welcome area, leading into a spacious open-plan gym. A mezzanine level provides additional fitness space along with dedicated treatment rooms.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Cap Rate | 8.33% |
| Sale Type | Investment |
| Cap Rate | 8.33% |
| Tenure | Freehold |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 5 | 4,600 SF | Flex | $794,786 ($172.78/SF) | $66,205.69 |
Unit 5
| Unit Size |
| 4,600 SF |
| Condo Use |
| Flex |
| Price |
| $794,786 ($172.78/SF) |
| NOI |
| $66,205.69 |
Unit 5
| Unit Size | 4,600 SF |
| Condo Use | Flex |
| Price | $794,786 ($172.78/SF) |
| NOI | $66,205.69 |
| Sale Type | Investment |
| Cap Rate | 8.33% |
| Tenure | Freehold |
| Description | |
| Unit 5 comprises a building totalling 4,600 sq ft.</li></ul> | |
| Sale Notes | |
| Guiding offers in excess of £600,000 subject to contract and exclusive of VAT A purchase price of £600,000 would reflect a Net Initial Yield of 8.33% and a low capital value of £130 psf – allowing for purchaser’s costs.</li></ul> |
Property Facts
| Total Building Size | 54,902 SF | Floors | 3 |
| Property Type | Industrial (Condo) | Typical Floor Size | 18,301 SF |
| Property Subtype | Warehouse | Year Built | 2007 |
| Building Class | B |
| Total Building Size | 54,902 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | B |
| Floors | 3 |
| Typical Floor Size | 18,301 SF |
| Year Built | 2007 |
Amenities
- Courtyard
- Security System
- Storage Space
- Smoke Detector
- Raised Floor System
Utilities
- Lighting
- Water
- Sewer
- Heating
Presented by
Company Not Provided
Grimbald Crag Clos - Stoneacre
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