About this property

Detailed Description

The property comprises modern self-contained office accommodation arranged over ground and first floors. The building is of cavity brick construction under a pitched tiled roof and benefits from double glazed powder coated aluminium doors and windows.

Internally, the offices are fitted with kitchen facilities and separate male, female and disabled WCs. Heating is provided by a wall mounted wet radiator system and there are air conditioning units for cooling.

The accommodation is predominately open plan with some partitioned areas. Specification includes suspended ceilings throughout, carpeted floors and perimeter trunking. Externally, the property benefits from 12 onsite car parking spaces.

Location

Banbury is the principle commercial administrative centre of North Oxfordshire, being located at Junction 11 of the M40 motorway
(London to Birmingham) and is rapidly expanding town with a population of 54,335 (census 2021) and a district population of approximately 160,000.

The property is located on the popular Banbury Business Park which is located 3 miles south of Banbury on the edge of the attractive village of Adderbury with excellent access to both
Junctions 10 (7 miles) and 11 (6.5 miles) of the London to Birmingham M40 motorway.

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Accommodation

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

Business Rates

The property has Rateable Value of £33,750. We estimate that the rates payable will be £14,580 per annum, interested parties should make their own enquiries to the Cherwell District Council Rating Department.

Services

We understand that electricity, water and gas services are all connected. 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 if you would like to view the property please contact the selling agent.

VAT

All figures are exclusive or VAT which we understand is applicable.

Legal Costs

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

Other

AML
In accordance with the most recent Anti Money Laundering Legislation,
buyers will be required to provide proof of identity and address to the selling
agent once an offer has been submitted and accepted (subject to contract)
prior to solicitors being instructed.

Terms

The property is held on a 999 year lease (less 3 days) from the 7th of July 1997. Offers invited in the region of £295,000.