| Property Type |
Investment |
| Tenure |
For Sale |
| Size |
4,600 sq ft |
| Price |
Offers in excess of £600,000 |
| Energy Performance Rating |
Upon enquiry |
Single Let Investment Opportunity - Purpose built hybrid warehouse let to established gym operator, Prime Fitness
Key Points
- Single let on a new 5-year lease
- High quality gym fit out throughout the fit, offering a wide range of training facilities
- Established business location on the popular St James Business Park adjacent to the A59
- Excellent road connections with access to J47 A1(M) in 3 miles & Harrogate Town Centre in 4 miles
- 9 dedicated car parking spaces
- Secure estate
- Freehold
Description
Unit 5 Stoneacre comprises a modern, purpose-built hybrid warehouse investment extending to approximately 5,130 sq ft, prominently positioned within the popular St James Business Park in Knaresborough. The property has been extensively fitted out to a high specification as a contemporary gym facility, incorporating open-plan training areas, dedicated fitness studios, treatment rooms and ancillary welfare accommodation across ground, mezzanine and first floor levels.
The property occupies a highly accessible location immediately adjacent to the A59, providing excellent connectivity between Harrogate, Knaresborough and Junction 47 of the A1(M), located approximately 3 miles to the east. St James Business Park is an established commercial destination benefitting from nearby retail and leisure amenities, whilst the unit itself further benefits from 9 dedicated car parking spaces within a secure estate environment.
The investment is fully let to PRIMEFITNESS 2.0 Limited on a new 5-year lease expiring March 2031, producing a passing rent of £52,500 per annum. Primefitness is an established gym operator with a strong local membership base, and the property has undergone significant investment to create a high-quality fit-out throughout, offering an attractive single-let investment opportunity in a sought-after North Yorkshire business location.
Available area
The accommodation comprises the following areas:
| Unit |
4,600 |
427.35 |
Available |
| Total |
4,600 |
427.35 |
|
Location
The subject property is situated on the popular Stoneacre scheme at St James Business Park, located on the southern periphery of the market town of Knaresborough.
St James Business Park lies immediately adjacent to the A59 Harrogate to York Road, positioned between the affluent areas of Harrogate and Knaresborough in North Yorkshire.
Stoneacre is located at the end of Grimbald Crag Close within St James Business Park, which connects directly to the B6146 Wetherby Road, providing immediate access to the A59.
Knaresborough town centre is approximately one mile to the north, while Harrogate town centre is situated approximately four miles to the west.
St James Business Park benefits from excellent road communications. The A59 provides direct access to Junction 47 of the A1(M), located within three miles to the east, which in turn connects to the M1 and M62 motorway networks.
