About this property

Detailed Description

These high spec well insulated units will be of steel portal frame construction with composite clad elevation and generous glazing to office and lobby areas, all under an insulated barrel roof.
High degree of ESG credentials - PV panels, EV charging points, cycle stores, disabled parking and
landscaping provision.
Targeting EPC rating A, and a high BREEAM rating.
Use classes E(G)(iii) and B2, favouring the automotive and motorsport industries.
Ground floor core area to include lobby, WC and shower.
Eaves height 7m with apex approximately 9.5m.
Sectional overhead loading doors 5 x 4m.
27 car parking spaces including 5 disabled spaces.
Provision for ultra-fast full fibre broadband.

Location

The new units are situated on Greatworth Business Park which lies approximately 6.5 miles to the east of Banbury and less than 10 minutes/5.5 miles from Junction 11 of the M40 motorway. The A43 dual carriageway lies a further 4.5 miles to the east of the Business Park which links to Junction 15a of the M1, approximately 16 miles, and Junction 10 of the M40, approximately 6 miles.

Accommodation

Gross internal areas are taken from the architect's plans and the buildings will be re-measured upon completion. Nonethless, whilst the areas below are approximate, we are expecting them to be reasonably accurate.

Unit 1
Ground floor warehouse & lobby area 540 sq m 5,813 sq ft
First floor 87.7 sq m 944 sq ft

Unit 2
Ground floor 355sq m 3,821 sq ft
First floor 51.19 sq m 551 sq ft
Overall 1,033.88 sq m 11,129 sq ft

Business Rates

All occupiers will be responsible for their own business rates and at this stage we can only guess that the rateable value will equate to rates payable in the order of £3 per ft.

Services

We understand that 3-phase electricity and water will be provided to each unit.

VAT

It is understood that VAT will be applicable.

Legal Costs

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

Other

BUSINESS RATES
All occupiers will be responsible for their own business rates and at this stage we can only guess that the rateable value will equate to rates payable in the order of £3 per ft.

SERVICE CHARGE
We understand there is a small service charge levied on the estate and this will be apportioned fairly to the new units based on the gross internal area.

Terms

Virtual freehold (999 years)