Approximately 1.225 Acres Industrial Land Fronting Enterprise Road For Sale In Industrial Area.

Property Description

This is an industrial property that sits on approximately 1.225 acres of land in Nairobi’s Industrial area. The property is very ideal for a large manufacturing plant or food processing company. The current company has occupied this premises and used it as their headquarters since 1992.

Improvements:

• Three storey Office building – Administration block.
• 2 Godowns Fronting Enterprise Road.
• Main production areas in 2 adjoining factories: Known as block 2 and block 3 which has generators plus transformers on ground level as well as production machinery.
• Both factories operate on 2 floors.
• A reinforced concrete structure with an underground : capacity of 100,000 litres. The upper floor of this block has the chillers, storage tanks and compressors. There’s an additional 100,000 litres dedicated to fire fighting purposes.
• A power house and covered car parks.
• A guard house, steel gates and a perimeter wall.
• A borehole sunk in 2003.

Gross Areas:
Admin Block : 10,684 sq ft.
Block 1 : 20,911 sq ft.
Block 2 : 20,660 sq ft.
Generator/Transformer : 1,495 sq ft.
Block 3 : 23,350 sq ft.
Water/Compressor Building : 2,632 sq ft.
Power and Gate house : 412 sq ft.
Car shed : 729 sq ft.

The Plot:
Land Size : 1.225 Acres.
Annual Land Rent : KES. 15,800
Title : Leasehold for 99 years from 1st July 1977
Price: KES. 395 Million Plus VAT Negotiable