Located on Banbury Business Park
Excellent access to both junctions 10 and 11 of the M40.
14 car parking spaces
Self-contained ground and first floor office building
Location
Banbury is the principal commercial and administrative centre of north Oxfordshire, being located at Junction 11 of the M40 motorway (London to Birmingham). The property is located on the popular Banbury Business Park which is located three miles south of Banbury on the edge of the attractive village of Adderbury with excellent access to both junctions 10 and 11 of the M40.
Description
The premises comprise an end of terrace self-contained ground and first floor office building which benefits from air conditioning and separate male and female WCs and kitchen facilities.
Car Parking
The unit benefits from 14 car parking spaces.
EPC Rating
The EPC rating for Unit 3 is D – 99
Terms
The premises are available either on a new 5 or 10 year lease at a rent as per the table above or via assignment of the existing lease of which expires in 2020 at a rental of £32,188 per annum exclusive.
Rental / Price
To let - £32,887 per annum
For sale - £435,000
Service Charge
A service charge in respect of the repairs, maintenance and cleaning of the shared areas is payable. The charge for Unit 5 is £3,922.00 per annum.
Business Rates
The 2017 rateable value for Unit 5 is £30,750.
VAT
VAT is payable in addition to all figures quoted.
Legal Costs
Each party will be responsible for their own legal costs.
