Residential properties for rent in Birmingham Road, CV37
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For Rent£42,000.00 Per Annum
The site is situated in a secluded area accessed directly off the A422 via a priority junction and ghost island and comprises some 2.24 acres. The site access road is privately owned and constructed to a high standard with a 7.3 m wide carriageway suitable for HGV and vehicular access. The site can be subdivided into smaller areas.
The site has a B2 General Industrial use and potentially a B8 Storage & Distribution use and our clients are prepared to develop additional warehousing /storage buildings if required (subject to planning consent and statutory approvals).Banbury is located in North Oxfordshire at Junction 11 of the London to Birmingham M40 motorway and is subject to substantial commercial and residential expansion at the current time with a number of new developments underway and planned.The site is situated 6 miles north west of Banbury on the A422 Stratford Road, and 7 miles from J11 of the M40 London to Birmingham Motorway. Current occupiers on site include General and Light Industrial uses.The site is available on a new lease at a rental of £42,000 per annum exclusive.
The in-going tenant will be responsible for their own occupational costs for electricity drainage. Any Business rates charged by the local charging authority will also be paid by the occupier. A service charge is payable in addition to the rent by the in-going tenant at a rate of 10p per sq ft of any building on site or £2,000 per acre. VAT is payable in addition to rent and service charge.
Land at Hornton Grounds Hornton, Oxfordshire, OX15 6HH
Type: Residential, General industrial, Light industrial, Storage, Land, Industrial, Commercial Land
Land at Hornton Grounds Hornton Grounds, , Banbury, OX15 6HHGBBanburyOxfordshireOX15 6HHLand at Hornton Grounds
DESCRIPTION The Wharf Centre is one of a number of converted former mill and warehouse premises adjacent to the Grand Union Canal which are used for a variety of purposes including design studios, offices, online retail and distribution, a yoga studio and residential.
The subject property currently provides ground and first floor offices, workshop and storage accommodation in three attached and interconnected buildings with 10 private off-street parking spaces to the front.
A private ground floor entrance with reception lobby leads to two large open plan offices, a private office, corridor office space, kitchen and WC’s and there’s also a secondary pedestrian entrance. The first floor comprises two large offices (currently used for storage and workbench purposes by the present occupier), a meeting room off the landing and another good size room which has been partitioned to create office / training rooms and a printer / storeroom, plus an additional kitchen and WC’s.
The specification on the ground floor includes suspended ceilings with integral fluorescent lighting, carpets and UPVC double glazed windows. The first floor has carpet and vinyl tile floor coverings, suspended or insulated panel ceilings with fluorescent lighting, UPVC double windows and painted brickwork walls. The offices are heated by a gas fired boiler to radiators.
A rear staircase connects the first floor with the workshop / warehouse units which are slightly set back at ground floor level with each having separate external access from end of the building.
The workshop has part glazed double timber doors, a concrete floor, fluorescent lighting and to one corner a blockwork store has been constructed. The maximum height to the underside of the panelled ceiling is 3.91 metres and there are further WC’s. An internal pedestrian door leads through to a further workshop / warehouse with a ceiling height of 4.30 metres, double timber doors, fluorescent lighting and a mezzanine.
LEASE TERMS A new full repairing and insuring lease will be granted for a term to be agreed. The letting will be taken outside the Security of Tenure provisions of the Landlord & Tenant Act 1954.
RENT £71,000 pa exclusive of VAT, Business Rates and all other outgoings and payable quarterly in advance.
VAT We are advised VAT will NOT be payable on the rent.
BUSINESS RATES Ground floor storage plus first floor storage/workshop and offices Rateable Value £17,250 Rates Payable £8,280 (2018/19)
Ground floor offices and kitchen plus 9 car parking spaces Rateable Value £27,000 Rates Payable £12,960 (2018/19)
LEGAL COSTS Each party will be responsible for their own legal costs incurred in this matter.