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Avison Young

Unit 1B Lockheed Close, Banbury, OX16 1LX

Use Class

Use Class

E

Size

Size

14,999 sq ft

Rent pa

Rent pa

£269,225

Market Sector

Market Sector

Retail & Shopping Park

Description

The premises are arranged over ground & mezzanine floors.

Location

Banbury Cross Retail Park is located 2 miles east of Banbury town centre, fronting Ruscote Avenue (A422), at the roundabout junction with Southam Road (A361), leading to Junction 11 of the M40 . Nearby occupiers include Boots, Poundland, Currys/PC World, Food Warehouse, Tapi Carpets and the like. There is also a Tesco Extra Store with a filling station located the east of the entrance to the Retail Park.

Key Information

Travel

Parking Spaces

500

Accommodation

14,999 Sq.Ft

Ground and Mezzanine

Areas
Sq.Ft
Sq.M
Ground
8,706
808
Mezz
6,293
584.64

More Information

website
Website

Financial

Lease Type

Existing Lease

Lease Term

Available by way of an assignment of the existing lease due to expire on 22/11/2024 at a rent of £269225 pax.

Rent

Passing Rent £269,225 per annum

Rates

On application

Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Service Charge

£7,815 pa

Tenure

Leasehold

Rates

Rateable Year:
2023
Rateable Value:
£157,000.00
Rates payable:
£80,384.00
UBR:
51.2p/£

Sustainability

Energy Performance Certificate Information

Available upon request.

This Property is Part of a Retail & Shopping Park

Banbury Cross Retail Park

The retail park is immediately adjacent to a recently extended 24 hour Tesco Extra. Existing Occupiers: Carpetright, DFS, Maplin, Tapi Carpets, Next Clearance, Argos, Currys/PC World/Carphone Warehouse, Pure Gym, Pets at Home, Costa, Boots, The Food Warehouse, Home Bargains, Hobbycraft, Bargain Buys, Pizza Hut & Burger King.

Morgan WilliamsStockford Anderson

Disclamier

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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