Established industrial estate adjacent to Oxford Airport and close to Langford Locks Industrial Estate and Oxford Motor Park
Excellent Access to the M40 (Junction 9) via the A4260 and A34
Six week completion available
Lot 32
Auction 9th December 2010
Rent £65,000 per Annum
Status Sold
Price £450,000
Sector Industrial, Warehouse
Auction Venue Millennium Hotel 39-44 Grosvenor Square London W1K 2HP
Property Information
Location
Estimated District Population
approximately 154,000 (Oxford)
Oxford (3 miles south)
Roads
A4260, A34, M40, M4, A40, M5
Rail
Oxford Railway Station (direct to London Paddington)
Air
Oxford Airport and Heathrow International Airport
Situation
The property is situated on the established Stationfield Industrial Estate, less than a mile from Kidlington and adjacent to Langford Locks Industrial Estate and Oxford Motor Park. The property benefits from excellent access to Oxford and to the M40 (Junction 9) via the A4260 and A34. Nearby occupiers include A Jackson (Electrical) Ltd, Fingerprint, BHL Builders and other local traders
Tenure
Freehold.
Location
Estimated District Population
approximately 154,000 (Oxford)
Oxford (3 miles south)
Roads
A4260, A34, M40, M4, A40, M5
Rail
Oxford Railway Station (direct to London Paddington)
Air
Oxford Airport and Heathrow International Airport
Situation
The property is situated on the established Stationfield Industrial Estate, less than a mile from Kidlington and adjacent to Langford Locks Industrial Estate and Oxford Motor Park. The property benefits from excellent access to Oxford and to the M40 (Junction 9) via the A4260 and A34. Nearby occupiers include A Jackson (Electrical) Ltd, Fingerprint, BHL Builders and other local traders
Tenure
Freehold.
Description
The property comprises a ground floor warehouse used predominantly for workshops with additional storage space, while the first floor level comprises office accommodation. The property benefits from a total approximate site area of 0.152 hectares (0.376 acres).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor warehouse used predominantly for workshops with additional storage space, while the first floor level comprises office accommodation. The property benefits from a total approximate site area of 0.152 hectares (0.376 acres).
VAT
VAT is applicable to this lot.
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground & First
Warehouse/Office
1,034.5 sq m
(11,135 sq ft)
MENARD COMPETITION TECHNOLOGIES LIMITED (1)
5 years from 18/03/2010 on a full repairing and insuring lease
£65,000
17/03/2015
Totals
1,034.5 sq m
(11,135 sq ft)
£65,000
(1) Menard Competition Technologies (MCT) has been behind some of the most innovative and prestigious automotive and motorsport engine projects of the last twenty years and has unrivalled expertise in engine design, prototyping, build and delivery of turnkey automotive engine programmes. (Source: www.mctuk.com 11/11/2010)(Vat note) This lot is opted to tax but a sale as a TOGC may be possible
