Cooks Garage - Flex FOR SALE


Northwood, MDS HA6 1DW
$800,000 USD
Cooks Garage, Northwood, MDS for Sale
$800,000 USD
Flex - FOR SALE
1/5
null | Request Cap Rate

Cooks Garage
Northwood, MDS HA6 1DW


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$589 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.09

LAND SF

3,796

ZONING

-

APN/PARCEL ID

MX62489

ASK ABOUT THIS PROPERTY

George MoriartyDavid Charles Property ConsultantsMore Info

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George MoriartyDavid Charles Property ConsultantsMore Info

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