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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 ft | sq m |
---|
The following are approximate Gross Internal Areas measured in accordance with RICS Code of Measuring Practice: | | | |
| | | |
GF office accommodation | | 1617 | 150.23 |
FF mezzanine | | 378 | 35.11 |
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