About this property

Detailed Description

The detached property was a former World War II aircraft hangar which has been re-roofed recently and benefits from a generous concrete hard-standing area both to the front and rear of the property, with a new concrete road accessing both front and rear. The property has a steel frame with steel truss roof which is overclad with profile steel elevations. More particularly, the property features the following:-

- 3 phase electricity
- eaves height to underside of steel trusses 8.65m
- full height loading doors to front and rear currently includes basic portable cabin office area
- heavy duty concrete screed floor with large concrete area to both front and rear
- EPC rating is C valud until June 2030

Location

The Hangar is located just outside the village of Oakley and within approximately 6 miles of Junction 8 of the M40 and 10 miles Junction 9 at Bicester. Oxford is approximately 10 miles to the west with Thame 6.5 miles away, and Aylesbury approximately 15 miles away.

Accomodation

All measurements are taken on a gross internal area basis:-

2,601.20 sq m | 28,000 sq ft

Business Rates

The rateable value with effect from 1st April 2023 is £60,000. We estimate that rates payable will be £30,720 currently.

Services

We understand that there is mains water and electricity, and mains drainage. There is no gas available. We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the sole letting agent, Clive Thompson, Brown & Co, Banbury

VAT

It is understood VAT is applicable.

Terms

The premises will have a stepped rental as follows:-

Year 1 - £140,000 per annum exclusive.
Year 2 - £168,000 per annum exclusive.
Years 3-5 - £196,000 per annum exclusive.

Service Charge

We are not aware of there being a service charge.