14a wildmere road banbury ox16 3ju

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14A WILDMERE ROAD BANBURY OX16 3JU

37,332 sq ft INDUSTRIAL / DISTRIBUTION UNIT – WITH HIGH QUALITY OFFICE ACCOMMODATION JUST MINUTES FROM JUNCTION 11 OF LONDON TO BIRMINGHAM M40

LOCATION

SERVICES

The property is situated in Banbury the largest town in North Oxfordshire. Located at Junction 11 of the

We understand that all mains services are connected to the premises including water, drainage,

London to Birmingham M40 – 70 miles north of London and 40 miles south of Birmingham. The town

electricity and gas together with a 3 Phase power supply. We also understand that the recent

benefits from excellent rail and road communications. The property is situated on Wildmere Road at

power rating for the infrastructure is geared to 800KVA*.

Junction 11 of the London to Birmingham M40 motorway. Occupiers include DHL, ISOFT, Kärcher, Travis Perkins, SA Lesme, Screwfix, WH Brady, Norbar and Där Lighting. Wildmere Road Industrial Estate also benefits from the new Banbury Gateway – a new 285,000 sq ft retail park providing one of Marks and Spencer’s biggest out-of-town department stores, Primark, Next

*None of the above services have been tested by the agents and interested parties should make their own enquiries in this regard. ACCOMMODATION The premises have been measured on a gross internal area basis in accordance with the st

home and fashion store’ Fat Face’s largest retail store in the country’ New Look and Mountain

International Property Measurement Standard 2 (1 Edition May 2015).

Warehouse – as well as food outlets McDonald’s, Ed’s Diner and Starbucks.

Floor Warehouse

GROWTH TOWN

Sq Ft

Sq M

30,423

2,826.37

Banbury has been identified as a growth area within the Local Development Framework and significant

Warehouse (office)

1,793

166.59

residential and commercial development is underway and

First Floor Offices

2,558

237.64

Ground Floor Offices

2,558

237.64

has been identified and planned for the

town’s future expansion. DESCRIPTION

TOTAL

37,332

3,468.24

The premises comprise a detached industrial unit constructed around a steel portal frame supporting

(Mezzanine)

(1,793)

(166.59)

built up metal clad roof with integral rooflights. Elevations are constructed around profiled metal cladding, with brickwork below. The office space which has recently been refurbished to a high standard, is built to the front of the building and is on two levels. Windows are powder coated

Please note the premises has been divided internally. Further information is available from the joint agents.

aluminium double glazed units. The warehouse is clean and well maintained and new epoxy flooring

LEASE TERMS

has recently been added.

The premises are available on either an assignment of the existing lease or a sub-lease. The

           

Height to Eaves 5.5 metres Roller shutter doors 5,116 sq ft of quality offices with air conditioning and raised floors Canteen and Dining area facilities Mains services including gas* Self-contained secure site with palisade fencing and access control CCTV systems in place Rear yard & separate car parking for 24 cars Gas fired blowers to warehouse Sodium lighting Sprinklers First Aid Room and changing facilities

passing rent is £195,000 per annum exclusive (£5.18 per sq ft) on a lease which expires on 20 December 2024 and subject to further rent review in December 2019. FREEHOLD TERMS We understand that subject to further negotiations the premises might be available to purchase. Further details available from White Commercial Surveyors or Carter Jonas. VAT VAT is chargeable in addition to the rent. EPC The EPC rating for the property is E – 114.

UNIT 4

. RATEABLE VALUE We understand from the Valuation Office 2010 Rating List that the rateable value for the whole property is £130,000. This is not what you pay. Further information regarding rates payable is available from the joint agents. BUILDING INSURANCE / SERVICE CHARGE We advise that no service charge is payable in respect of the property. Details of Building Insurance Premium for the building is available from the joint agents. LEGAL COSTS Each party to be responsible for their own legal costs incurred in any transaction. VIEWING & FURTHER INFORMATION Viewing strictly by prior appointment with Joint Agent White Commercial Surveyors and Carter Jonas.

Contact: Chris White BSc, MRICS, MCI (Arb) Email:

[email protected]

Tel:

01295 271000

UNIT 14A Contact: Jon Silversides MRICS Email: Tel:

[email protected] 01865 517000

J11 M40

These particulars are intended as a guide and must not be relied upon as statement of fact. They are not intended to constitute part of any offer or contract. Amended August 2016.

W773

CARTER JONAS LLP Mayfield House, 256 Banbury Road Summertown, Oxford, OX2 7DE

01865 517000 Carterjonas.co.uk

WHITE COMMERCIAL SURVEYORS LTD Charter Court, 49 Castle Street Banbury, Oxfordshire, OX16 5NU

01295 271000 whitecommercial.co.uk