Let

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

5 Canada Close Banbury comprises newly refurbished offices at first floor with industrial/warehouse accommodation to the ground floor set within a business park environment.

The premises are of a 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 glass partitioned perimeter offices to the first floor, with kitchen and separate male and female WC facilities.

There are 11 parking spaces allocated to the unit, along with a share of 11 further visitor spaces available.

The premises are available by way of an assignment of the existing lease (expiring November 2023) or via underletting at a rental as per the table above. The lease is included within Sections 24 – 28 of the Landlord and Tenant Act 1954.

A copy of the lease is available upon request (any assignment or underletting is subject to the financial covenant of the ingoing tenant).

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 short walk to the Castle Quay Shopping Centre. Current surrounding occupiers include Halfords, B&Q, Waitrose, Toolstation and Royce Lingerie.

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.

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