About this property

Detailed Description

Unit 8 is an industrial/workshop unit, with 4x full height roller shutter access doors to the front elevation. The property has concrete floors, internal block walls to approximately 2 metres, with composite panelling to eaves, under a pitched profile sheet roof with rooflights. A full height blockwork dividing wall currently separates Bays 1-2 from Bays 3-4. The unit features the following:

* 4x roller shutter doors to the front elevation
* Large hardstanding concrete apron storage/parking area to front elevation
* 3-phase electricity
* 6.9m clear height and 6.25m to haunch
* Mezzanine offices and welfare facilities

Location

Cherwell Valley Business Park is located just south of Banbury; 6.5 miles from J11 and 8 miles from J10 of the London to Birmingham M40 Motorway. The A4260 is also in close proximity. The Business Park is a multi-let industrial estate with other principal occupiers including The Volvo Group UK Limited, George Varney, Evolution Sport t/a Evolution Services Europe Limited and Uniform Express. The Unit is located toward the middle of the site and is accessed via the internal access roadway.

Accommodation

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

Unit 8
Ground - Bay 1-2 - 2,428 sq ft / 225.58 sq m
Welfare/Toolshop - 1,159 sq ft / 107.64 sq m
Bays 3-4 - 2,232 sq ft / 207.41 sq m
First - Offices - 1,147 sq ft / 106.54 sq m
Total GIA - 6,966 sq ft / 647.17 sq m

Business Rates

The Rateable Value is due to be assessed, however the current rates payable for Unit 8a is £7,984 per annum and for Unit 8b is £2,571.72 per annum. For further information will be available via the local charging authority.

Services

The property benefits from connection to mains water and 3-phase electricity. 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 Joint Letting Agents.

VAT

VAT will be chargeable in addition to the rent and service charge payable.

Legal Costs

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

Other

There is a service charge payable in connection with the wider estate, the estimated cost is £3,790 per annum for Unit 8A and 8B. Building insurance will be undertaken by the landlord and the cost recovered from the tenant.