About this property

Detailed Description

Units 3 & 4 are one standalone detached building. However, one section of the building is currently partitioned to provide some separation if required. The building is newly built of steel portal frame with insulated composite panels to elevations and roof with translucent roof lights. More particularly the property features the following:-

* 4 electrically operated sectional overhead loading doors 5m x 4m
* Power floated concrete screeded flooring which is painted
* Full height glazing to the office/showroom area with separate glazed pedestrian entrance
* 3 phase power
* Secure yard, perimeter fenced with forecourt loading and parking

N.B. This property was designed with the automotive industry in mind and would particularly suit a motorsport organisation.

Location

Brackey is a well located town situated on the A43 dual carriageway almost midway between Oxford & Northampton. Brackley is a thriving commercial centre enhanced by the proximity of the M40 motorway J10 of which is approximately 6 miles distant and J11 at Banbury 8 miles distant. J15 over the M1 is approximately 17 miles away.

Silverstone Motor Racing Circuit is just 7 miles away.

Accomodation

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

Units 3 & 4
Ground floor warehouse/workshop/showroom - 916.88 sq m / 9,870 sq ft
First floor office, kitchen & breakout area - 143.46 sq m / 1,544 sq ft
Total GIA - 1,060.34 sq m / 11,414 sq ft

Business Rates

Currently in discussion. However, we estimate that Rates Payable will be in the region of £34,000 pa.

Services

We understand that all mains services with the exception of gas are available to the building. 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 Letting Agent.

VAT

All of the above figures are exclusive of VAT which will be chargeable.

Legal Costs

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

Other

Rent
£120,000 per annum payable quarterly in advance plus VAT.

Terms

A new lease is offered on a fully repairing and insuring basis for a term of 10 years with a midterm break option.