Rexel Unit 8a Witan Park Industrial Estate, Avenue 2, Station Lane Witney Oxfordshire OX28 4FH

Rexel
Unit 8a Witan Park Industrial Estate, Avenue 2, Station Lane
Witney
Oxfordshire
OX28 4FH

Freehold Trade Counter Investment

Let to Rexel UK Limited until May 2030 (no breaks)
Rent increased at May 2025 review
Tenant June 2025 break option not exercised
Approximately 526.33 sq m (5,665 sq ft)
Established Trade Counter and Industrial Estate location adjacent to A40
Nearby occupiers include Travis Perkin, Howdens, Toolstation, Screwfix, Royal Mail, B&Q and Jewson

Lot
21
Auction
30th October 2025
Rent
£56,208 per Annum Exclusive
Status
Sold
Price
£816,000
Auction Venue
Live Streamed Auction

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Freehold Trade Counter Investment

Let to Rexel UK Limited until May 2030 (no breaks)
Rent increased at May 2025 review
Tenant June 2025 break option not exercised
Approximately 526.33 sq m (5,665 sq ft)
Established Trade Counter and Industrial Estate location adjacent to A40
Nearby occupiers include Travis Perkin, Howdens, Toolstation, Screwfix, Royal Mail, B&Q and Jewson

Lot 21
Auction 30th October 2025
Rent £56,208 per Annum Exclusive
Status Sold
Price £816,000
Sector
Trade Counter/Builders Merchants
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 10 miles west of Oxford, 14 miles south of Chipping Norton, 60 miles north-west of London
Roads: A40, M40
Rail: Hanborough Railway Station, Oxford Railway Station
Air: London Heathrow Airport

Situation

The property is situated in the well established Witan Park Industrial Estate, immediately adjacent to the A40 and some 10 miles west of Oxford. Nearby occupiers include Travis Perkin, Howdens, Toolstation, Screwfix, Royal Mail, B&Q and Jewson.

Tenure

Freehold.

Location

Miles: 10 miles west of Oxford, 14 miles south of Chipping Norton, 60 miles north-west of London
Roads: A40, M40
Rail: Hanborough Railway Station, Oxford Railway Station
Air: London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property comprises a ground floor trade counter/warehouse together with mezzanine and first floor. The site benefits from a customer car parking area to the front of the building.

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 trade counter/warehouse together with mezzanine and first floor. The site benefits from a customer car parking area to the front of the building.

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 sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.
Ground First Mezzanine	Trade Counter Ancillary Ancillary	531.43 15.92 38.23	(5,720) (171) (412)	REXEL UK LTD (1)	10 years from 22/05/2020	£56,208.75 (2)
Total		585.58	(6,303)			£56,208.75

(1) Rexel is an electrical wholesaler operating from over 200 stores across the UK (www.rexel.co.uk). For the year ending 31/12/2023 Rexel UK Limited reported a Turnover of £705,134,000, a Pre-Tax Profit of negative £9,730,000 and a Shareholders Funds of £165,973,000 (NorthRow).
(2) The rent increased at the May 2025 rent review.
N.B. The floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk).

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.