 First Floor Offices
 2,264 sq ft
 1 mile from junction 11 of M40
 Rent £24,000 per annum exclusive
 INCENTIVES AVAILABLE
First Floor Offices
LOCATION
Banbury is located in North Oxfordshire at Junction 11 of the London to
Birmingham M40 motorway and is subject to substantial commercial and
residential expansion at the current time with a number of new
developments underway and planned.
The subject property is situated in Canada Close just off the A361 Southam
Road and Marley Way which forms part of the Marley Way Estate, which is
located approximately ¾ mile from Junction 11 of the M40 London to
Birmingham Motorway.
Current occupiers on Marley Way and Canada Close include Halfords, B&Q,
Tile Giant, Denmans Electrical Wholesalers, GSF Car Parts, Grahams the
Builders, Ward-Hendry Photographers, Stabilus and Royce Lingerie.
DESCRIPTION
The premises comprise good quality First Floor offices set within a business
park environment. The office accommodation is laid out mainly to open
plan, with some partitioned areas - accessed via a shared entrance and
lobby area to the front of the building.
The property is of modern design incorporating steel portal frame
construction under a pitched and clad roof.
Car parking is available subject to agreement.
ACCOMMODATION
The premises have been measured on a gross internal area in accordance
with the R.I.C.S. Code of Measuring Practice 6th Edition dated 2007.
UNIT 5
First floor
Sq M
210
Sq Ft
2,264
LEASE TERMS
The premises are to be let on a new lease the terms of which are to be
agreed.
The rent for the First Floor offices is £24,000 per annum exclusive, based
on a 5 year effective full repairing and insuring lease (subject to the terms
of the lease and the financial covenant of the ingoing tenant).
INCENTIVES
Our clients will consider a rental incentive package on the above terms to
suit the ingoing tenant’s requirements (subject to the terms of the lease
and the financial covenant of the ingoing tenant).
ENERGY PERFORMANCE CERTIFICATE
The EPC rating of the property is Band C – 65.
RATEABLE VALUE
The rateable value the First Floor of Unit 5 is £15,658. This is not what you
pay. Further details are available from White Commercial Surveyors.
SERVICE CHARGE
A service charge is payable in respect of the maintenance and cleaning of
the shared areas of the premises including landscaping, maintenance and
cleaning/lighting of the car park. Building insurance is also payable. Further
details are available from White Commercial Surveyors.
VAT
All prices and rents quoted exclude any VAT, which will be payable in
addition.
LEGAL COSTS
Each party to be responsible for their own legal costs incurred in any
transaction.
SERVICES
We understand that all mains services are connected to the premises.
None of the services have been tested by the agents.
First Floor – 3D image for illustration purposes
W773
WHITE COMMERCIAL SURVEYORS LTD
Charter Court, 49 Castle Street
Banbury, Oxfordshire, OX16 5NU
VIEWING AND FURTHER INFORMATION
Viewing strictly by prior appointment with White Commercial Surveyors.
01295 271000
These particulars are intended as a guide and must not be relied upon as statement of fact.
They are not intended to constitute part of any offer or contract. August 15
whitecommercial.co.uk