About this property

Detailed Description

A modern development of light industrial business units, Unit 11 of which is available to let. The buildings are of steel portal frame construction with a sectional overhead loading door and separate pedestrian door. There is LED lighting, small kitchenette and WC to the rear. More particularly the unit features the following:-

6m eaves.
646 sq ft mezzanine first floor.
Three phase electricity.
Floor loading approximately 35 KN/M.
Modern easy to maintain design.
Good car parking and loading provision.

Location

The village of Wroxton lies three miles to the West of Banbury along the A422 (Stratford upon Avon Road). The Business Park is approached by taking the road sign posted for Apollo Park and Horley (Ironstone Lane) approximately half a mile outside Wroxton heading towards Stratford upon Avon.

Accommodation

The property provides the following gross internal floor area:

Ground floor - 1,061 sq ft | 98.59 sq m
First floor mezzanine - 646 sq ft | 60.01sq m
Total GIA - 1,707 sq ft | 158.60 sq m

Business Rates

The Rateable Value for the premises is £13,250 and we estimate that the rates payable would be £5,856.50. Occupiers are responsible and to make their own enquiries with regarding to the business rates payable.

Services

Mains electricity and water are connected, drainage is to a private system. 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

For further information or to arrange a viewing please contact:

VAT

We are advised that VAT is not applicable to the rent however, service charge carries VAT.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the letting.

Terms

A new lease is offered on terms to be agreed by negotiation at a rent of £19,000 per annum (no VAT). We envisage a 6 year lease with midterm break option and rent review.