Property Description
This park comprises of 6 warehouses and a yard built on approximately 1.5508 acres on the second row off Mombasa road. The property can be accessed via Mombasa road. Each godown measures approximately 6,000 sqft and 5 out of the 6 units have been rented out. Each of the rented units earns a rent of KES. 210,000 plus VAT per month. A service charge of KES. 18,000 plus VAT is charged to each tenant and there is a water bill of KES. 20,000 per godown charged quarterly. The road leading to the property has been tarmacked recently and the sewer line has been upgraded. The driveway leads to a Cabro paved parking area inside the property. The godowns are surrounded by other industrial properties from all sides and there is a perimeter wall topped with electric and razor fencing for extra security.
Features, Amenities and Provisions:
- Borehole for constant water supply.
- Ladies and gents washrooms in all godowns.
- A kitchen in each godown.
- 3 phase power and a generator for common areas.
- A 10,000 sqft open yard space available to let at KES. 10 plus VAT per sqft.
- Emergency fire exit in each godown.
- An eaves height of approximately 6.5 meters.
- A gate height of approximately 5 meters for easy access by large trailers.
- A guard house.
- Translucent roofing sheets to let in natural lighting and cyclones for ventilation.
- Hose reels and fire extinguishers in all godowns.
- A small office on the mezzanine floor of each godown with a washroom.
- Electric and razor fencing on each godown.
- 5 large water storage tanks and 3 small ones in each godown above the washrooms.
Price: KES. 225 Million plus VAT
Please note that Coral Property International Ltd does not charge any fees for viewings.
