Rare investment opportunity comprising two well-specified industrial units located on a popular industrial estate near Thame.

Key Points

• Adjacent industrial units each approx. 2,562 Sq ft & totalling 5,124 Sq ft GIA
• Fitted Offices, Kitchens and WCs
• 6m eaves, electric roller doors & 5 car spaces per unit
• Income of £45,000 pax

Description

Construction consists of steel portal frames with part brickwork/profile clad elevations and profile clad roofs, finished with painted concrete floors.

The units measure approx. 2,562 Sq ft GIA each and incorporate a fully-fitted Office, Kitchen and Toilets, of approx. 427 Sq ft.

There are electric roller shutter doors to the Warehouses, which have high-bay lighting installed, electric heating to the Offices and double-glazed windows.

There is 3-phase power and eaves heights of 6m.

Location

Wornal Park is located in an attractive semi-rural area, yet allowing easy access to Oxford and the M40 motorway at junction 8a, 5 miles distant. Oxford 9 miles, Thame 6 miles and Bicester 12 miles.
The park has an open-feel with excellent parking provision.

Terms

Long-leaseholds are available.

PRICE £730,000 (no VAT)

Tenancies

Unit 35 is subject to a 10 year lease, 5 year break, from March 2022 at £22,500 per annum

Unit 34 is subject to a 6 year lease, 3 year break, from January 2023 at £22,500 per annum

Rates

UNIT 34:
Rateable value - £15,500 - Rates payable - £7,936 (2022-2023)
UNIT 35:
Rateable value - £15,750 - Rates payable - £8,064 (2022-2023)