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Cooks Garage 3,843 sq ft 100% Let Light Industrial Property Northwood HA6 1DW £800,000 (£208.17/sq ft)

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INVESTMENT HIGHLIGHTS

  • Can be sold with vacant possession
  • Planning application reference: 62125/APP/2018/3118
  • Current use class B8
  • Income producing £30,000 per annum exclusive
  • Northwood Underground Station (1.3 miles)

EXECUTIVE SUMMARY

Income Producing Development Site with Planning Permission
The site comprises a yard of approximately 3,843 sqft with a number of double and single garages formerly known as Cook Garages which are currently income producing £30,000 per annum. Access to the site is off of Hallowell Road onto Forge Lane which is a shared service road that leads into the site.
The site was granted consent for a Single Story front extension, creation of a first floor level and change of use from storage/distribution (Use Class B8) to a daycare facility (Use Class D1) on 11 June 2019.
The approved planning application, reference 62125/APAP/2018/3118, proposes a ground and first floor children's nursery of approximately 2,000 sqft. The ground floor comprises of an entrance/hallway leading into a reception area, open plan day-care room, managers office and children's toilet. The first floor comprises of a kitchen, male and female toilets, open plan learning area, baby area and children's changing room.
Externally, at first floor there is a roof terrace At ground floor the scheme has a playground and three marked parking spaces.

PROPERTY FACTS

Price £800,000
Price per sq ft £208.17
Sale Type Investment
Tenure Freehold
Property Type Light Industrial
Total Plot Size 0.09 ac
Net Internal Area (NIA) 3,843 sq ft
No. Floors 1
Year Built 2003
Parking Allocation 0.52/1,000 sq ft

AMENITIES

  • Security System

UTILITIES

  • Water - City
  • Sewer - City
  • Listing ID: 33010705

  • Date on Market: 30/08/2024

  • Last Updated:

  • Address: Cooks Garage, Northwood HA6 1DW

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