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20 New Horizon Business Centre, Harlow, CM19 5FN

1,995 Sq Ft / Offices / Business Park

Sold - Last updated: 26 August 2020

The Property comprises two-storey mid-terrace business unit forming part of a wider terrace. The ground floor provides good quality office space together with a kitchenette and disabled WC. There are fully-fitted offices at first floor level with a further WC. There are 6 car parking spaces demised to the unit.

 

 

Location

The building is prominently positioned in Barrows Road off of Elizabeth Way (A1169) within the Pinnacles industrial/commercial area of Harlow. The area is a short distance from the A414 which connects to the west with the A10 and eastwards to the M11 at junction 7. The M11 thereafter links with the M25 approximately 4 miles south.


 

Terms

TENURE:

 

The property is owned freehold by Robust IT Ltd www.robustittraining.com.  It is proposed that the company will sell the property subject to a leaseback of the whole on the following terms:

 

Term:  A new 10-year lease on fully repairing and insuring terms limited by reference to a photographic Schedule of Condition.

Rent:  £XXXpa plus VAT

Break:  A Tenant only option to determine the lease at the end of year 5, subject to providing a minimum of 6 months’ prior notice.

 

Full lease details available on request

 

GUIDE PRICE:

 

£XXX being a gross yield of 6.4% + VAT

 

Alternatively, our client will consider selling at a price of £XXX + VAT with vacant possession.

Specification

  • Self-contained
  • Open plan office areas and private offices
  • Perimeter trunking
  • Air conditioning
  • Good natural daylight
  • 6 car parking spaces (possibly with further spaces available)

Accommodation Grid

sq ftsq m
The following are approximate Gross Internal Areas measured in accordance with RICS Code of Measuring Practice:
 
GF office accommodation1617150.23
FF mezzanine37835.11


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