Unit 5 Canada Close, Banbury, Oxfordshire, OX16 2RT

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 premises are situated in Canada Close just off the A361 Southam Road and Marley Way and forms part of the Canada Business Park, located approximately ¾ mile (1.2 kilometres) from Junction 11 of the M40 London to Birmingham Motorway.

There is direct access from the car park onto the canal towpath, affording a pleasurable walk to the Castle Quay Shopping Centre.  Current surrounding occupiers include Halfords, B&Q, Waitrose, Stabilus and Royce Lingerie.

DESCRIPTION

The premises comprise newly refurbished offices at first floor with industrial/warehouse accommodation on the ground floor (which could potentially be fitted out as additional office space), set within a business park environment.

The premises are of modern design incorporating steel portal frame construction under a pitched and clad roof. There is open plan production/distribution space to the ground floor with WC – accessed by an up-and-over roller shutter access door. The office accommodation to first floor is laid out mainly to open plan, with some glass partitioned offices on the first floor with kitchen and separate male and female WC facilities.

There are 11 parking spaces with the whole of the accommodation, with a share of 11 further visitor spaces.

The property may be suitable for trade counter/showroom use, subject to planning.

Rent: The premises are available on a new lease at a rental as per the table above.  Terms are 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).

As an incentive, 50% rent is being offered for the 1st year of the lease, subject to contract.  Our client will consider occupation on a floor by floor basis or the units can be taken in combination.

  • Size from (sq ft)
  • 2,264
  • Size to (sq ft)
  • 4,542
  • Tenure
  • To Let
  • Availability
  • Let
  • Address
  • 5 Canada Close, Banbury, Oxfordshire, OX16 2RT
  • Value
  • £14,800 - £31,750 PAX

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