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Office For Sale Trinity Way, Banbury, Oxfordshire, OX17 3SN

Description Sale Type Size Price Property Type Tenanted Rental Income Usage Development Opportunity
To Let Undisclosed POA
  • Offices
No N/A B1 No
For Sale Undisclosed POA
  • Offices
No N/A B1 No

Usages: Offices

Short Description:
Located on Banbury Business Park
Excellent access to both junctions 10 and 11 of the M40.
14 car parking spaces
Self-contained ground and first floor office building

Description:
The premises comprise an end of terrace self-contained ground and first floor office building which benefits from air conditioning and separate male and female WCs and kitchen facilities.

Car Parking:
The unit benefits from 14 car parking spaces.

EPC Rating:
The EPC rating for Unit 3 is D 99

Terms:
The premises are available either on a new 5 or 10 year lease at a rent as per the table above or via assignment of the existing lease of which expires in 2020 at a rental of £32,188 per annum exclusive.

Rental / Price:
To let - £32,887 per annum
For sale - £435,000

Service Charge:
A service charge in respect of the repairs, maintenance and cleaning of the shared areas is payable. The charge for Unit 5 is £3,922.00 per annum.

Business Rates:
The 2017 rateable value for Unit 5 is £30,750.

VAT:
VAT is payable in addition to all figures quoted.

Legal Costs:
Each party will be responsible for their own legal costs.

Banbury is the principal commercial and administrative centre of north Oxfordshire, being located at Junction 11 of the M40 motorway (London to Birmingham). The property is located on the popular Banbury Business Park which is located three miles south

The pricing is unfortunately not available for this property online. Please submit your details using the form below and the agent will contact you to discuss this further.

 

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