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Prime 1.3 Acre Industrial Property For Sale On Lusaka Road

Posted by Victor Chacha on January 13, 2022
0

KSh 250,000,000.00

Located within Nairobi’s main industrial area along the junction of Lusaka Road and Enterprise Road, this 1.32-acre industrial property enjoys excellent visibility and access to different parts of Nairobi making it a highly desirable and coveted location for redevelopment to a number of uses including trade counter retail, manufacturing, distribution, showroom or warehousing (subject to obtaining the relevant consents).

Click here to view the location on Google maps.

The built-up area sums up to approx. 55,130 sqft and the area breakdown is approximately as follows:

  • 1st warehouse: 12,639 sqft
  • 2nd warehouse: 10,363 sqft
  • 3rd warehouse: 8,291 sqft
  • 4th warehouse: 7,368 sqft
  • Office space in 4th warehouse: 3,251 sqft
  • Parking and loading yard: 7,574 sqft
  • Switch room, generator room, transformer room and staff washrooms: 1,064 sqft
  • Open yard to the extreme left of the plot: 2,363 sqft
  • Recycling area: 2,214 sqft

Lease period: 99 years from 1st Jan 1949

Mains water, electricity and sewer are connected to the property.

The current tenant’s lease will expire on 31/12/2021

Asking Price: KES 250 million + VAT

Viewings strictly by appointment.

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Description

Located within Nairobi’s main industrial area along the junction of Lusaka Road and Enterprise Road, this 1.32-acre industrial property enjoys excellent visibility and access to different parts of Nairobi making it a highly desirable and coveted location for redevelopment to a number of uses including trade counter retail, manufacturing, distribution, showroom or warehousing (subject to obtaining the relevant consents).

Click here to view the location on Google maps.

The built-up area sums up to approx. 55,130 sqft and the area breakdown is approximately as follows:

  • 1st warehouse: 12,639 sqft
  • 2nd warehouse: 10,363 sqft
  • 3rd warehouse: 8,291 sqft
  • 4th warehouse: 7,368 sqft
  • Office space in 4th warehouse: 3,251 sqft
  • Parking and loading yard: 7,574 sqft
  • Switch room, generator room, transformer room and staff washrooms: 1,064 sqft
  • Open yard to the extreme left of the plot: 2,363 sqft
  • Recycling area: 2,214 sqft

Lease period: 99 years from 1st Jan 1949

Mains water, electricity and sewer are connected to the property.

The current tenant’s lease will expire on 31/12/2021

Asking Price: KES 250 million + VAT

Viewings strictly by appointment.

Additional information

Area

Industrial Area,Nairobi

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