This strategically positioned commercial building is situated on the bustling Lusaka Road within the Industrial Area. It boasts proximity to major landmarks such as Nyayo Stadium and Bunyala roundabouts. The area is renowned for automotive parts businesses, engineering workshops, and garages. Presently, the property is tenanted by a pharmaceutical company, making it an ideal investment opportunity.
Property Features:
Approx. 37,194 sqft of built-up space
Fully developed 5-storey commercial building
Solid concrete slab floors with terrazzo, cement screed, and ceramic tile finishes in offices
Wide metal casement windows with sturdy burglar-proof metal grills
GCI roof with parapet
Leasehold tenure
Ground Floor:
Spacious indoor car park on a busy road
Entrance veranda
Loading/offloading area
Sales section
Cash office
Store
Open storage area
1st Floor:
Staircase landing
Account office with high-level shelves
Account manager's office
Spacious reception area
Ladies' and gents' bathrooms
Open-plan storage area
2nd Floor:
Open-plan storage area
Kitchen
Ladies' and gents' bathrooms
Staircase landing
Passage
3rd Floor:
Open-plan storage area
Kitchen
Ladies' and gents' bathrooms
Staircase landing
Passage
4th Floor:
Fully fitted partitioned offices with a separate entry
Features, Amenities, and Provisions:
Generator
Water tanks
Perimeter wall, electric, and razor fencing
93 years leasehold title from January 1, 1955
Monthly rent of KES 1,600,000 plus VAT
Land size of 0.2038 acres
Connected to mains water and electricity
Rectangular flat land
Asking Price: KES 260 million (negotiable)
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