Summary
| Property Type | Industrial / Industrial/Logistics / Industrial / Storage / Investment - Industrial / Investment - Office / Light Industrial / Warehouse / Industrial / Warehouse |
| Tenure | For Sale |
| Size | 4,600 sq ft |
| Price | Offers in excess of £550,000 |
| Rates Payable | Upon Enquiry |
| Service Charge | n/a |
| EPC Rating | This property has been graded as C |
- Office/Warehouse
- Excellent road connections
- 9 Dedicated parking spaces
- High specification
- Suspended tiled ceilings + LED lighting
- Fully fitted kitchen area
- 4.77m eaves
- Electronic roller shutter
- WCs on ground & 1st floor (Male/Female/Disabled)
- Existing partitioning in situ
About
Purpose built hybrid warehouse offering 4,600 sq ft of open plan warehouse space and first floor offices, located on the established St James Business Park with excellent access to the A59 and A1(M).
Single let on a 10-year lease, expiring 28th February 2029 (approx. 3 years unexpired).
Passing rent £38,400 per annum (£8.35 psf).
Tenant: Natal Angels Limited (09624803) T/A My Expert Midwife.
My Expert Midwife are an award-winning pregnancy and newborn skincare brand which was co-founded in 2017.
Rent review not implemented / outstanding from March 2024.
The current tenant has indicated they are looking to vacate at the earliest opportunity – vacant possession can be made available.
Offers are invited in excess of £550,000 subject to contract and exclusive of VAT.
A purchase price of £550,000 would reflect a Net Initial Yield of 6.67% and low capital value of £115 per ft². The investment has a potential reversionary yield of 7.97%, based on a potential market rent at £10.00 per ft².
Accommodation
| Name | sq ft | sq m | Availability |
| Ground - Warehouse | 2,300 | 213.68 | Available |
| 1st - Office | 2,300 | 213.68 | Available |
| Total | 4,600 | 427.36 |
Location
The property forms part of an established estate of warehouse and industrial units located on the popular St James Business Park, benefiting from excellent road connectivity via the A59 and Junction 47 of the A1(M), with Harrogate town centre approximately 4 miles away.
Mainline Stations
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Knaresborough23 mins
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Starbeck46 mins
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Hornbeam Park73 mins
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Harrogate75 mins
Underground Station
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Chesham3138 mins
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Amersham3180 mins
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Chalfont and Latimer3196 mins
-
Chorleywood3222 mins
Downloads
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