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Unit 2 MXL Centre, Lombard Way, Banbury, Oxfordshire
£183,700
Industrial
  • 2 Storey Offices.
  • 2 full height surface level loading doors.
  • Eaves height to warehouse 7.5m
  • Good loading access and car parking.
  • Junction 11 M40 within approximately 1 mile.
  • EPC Rating D.

MODERN INDUSTRIAL WAREHOUSE UNIT (REFURBISHMENT COMPLETE DECEMBER 2021)

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About this property

Detailed Description

The MXL Centre is the result of a good quality build in the mid 1990's and comprises a steel portal frame building under a pitched profile steel roof with roof lights (renewed Dec 2021) with the front elevation of brick and blockwork with glazing to the ground and first floor offices. More particularly the property features the following: -

* Ground floor reception and first floor offices. Refurbished December 2021
* 2 full height surface level loading doors.
* 3 phase electricity.
* Good parking provision and loading with the yard fronting the building.
* Eaves height of approximately 7.5m.
* Good access to Junction 11 M40, approximately 1 mile.

Location

Banbury lies at Junction 11 off the London to Birmingham, M40 motorway and is the main North Oxfordshire centre for commerce and industry. It has a population approaching 52,000 within a catchment of approximately 160,000.

It is undergoing significant residential and commercial growth.

Unit 2 MXL is situated just off Lombard Way within approximately 1 mile of Junction 11, M40.

In addition to the excellent road communications there are fast main line rail services from Banbury Station to London Marylebone approximately 53 minutes and Birmingham 53 Minutes. Heathrow Airport is approximately 65 miles away and Birmingham International 40 miles.

Accommodation

The property has the following (approximate) gross internal floor area.

Ground floor reception and First floor offices - 347.04 sq m / 3,736 sq ft
Warehouse - 1,660.53 sq m / 17,874 sq ft
Total GIA - 2,007.57 sq m / 21,610 sq ft

Business Rates

Unit 2 has a rateable value of £103,000. We are advised that rates payable 2021/2022 are £52,736 currently. Interested parties should make their own enquiries.

Services

We have not carried out tests on any of the services or appliances and interested parties should arrange their own tests to ensure these services are in working order. We are advised that all main services are available including 3 phase electricity.

Viewing

Strictly by appointment through joint agents:

Altus Brown & Co
John Pocock Clive Thompson
01753 561807 01295 273555
07766 072273 07733 122017
john.pocock@altusgroup.com clive.thompson@brown-co.com

VAT

VAT is chargeable on the above rental and service charge.

Legal Costs

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

Terms

A new lease is offered on a fully repairing and insuring basis for a term to
be agreed.

Service Charge

A service charge is levied to cover the maintenance of the common areas of the estate. The current charge is £6,585 per annum.

Save
To arrange a viewing contact

6 Manor Park, Banbury, Oxfordshire, OX16 3TB

07733 122017

01295220206

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