A high-specification warehouse cum factory, located in Gul Circle, is up for sale via an expression of interest with a guide price of $42 million, according to exclusive marketing agent Knight Frank Singapore.

The property comprises a JTC leasehold five-storey single-user factory and warehouse that comes with a mezzanine with four floors. It has a total gross floor area of approximately 245,955 sq ft.

The property sits on a 105,648 sq ft site which has a remaining tenure of 15 years and 11 months, as at Feb 1. It is zoned as a Business 2 site under the URA Master Plan 2019.

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According to Knight Frank Singapore, the property has been designed to meet modern industrial requirements with features such as high ceilings for storage and operations and cold rooms and heavy floor loading capabilities to accommodate various industries. Other features include nine 40-footer loading and unloading bays with dock levelers; and four cargo and service elevators.

The property is located in close proximity to major expressways Ayer Rajah Expressway (AYE), and Pan-Island Expressway (PIE), as well as Joo Koon MRT station.

The expression of interest exercise will close on March 18 at 3pm.