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Mxl Centre Lombard Way 12,789 sq ft of Assignment Available in Banbury OX16 4TJ

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ASSIGNMENT HIGHLIGHTS

  • Good loading access with yard fronting the building with good parking provision
  • Parking spaces
  • Excellent road communications

ALL AVAILABLE SPACE(1)

Display Rent as

  • SPACE
  • SIZE
  • TERM
  • RATE
  • USE
  • CONDITION
  • AVAILABLE
  • Ground - 3, 1st Floor - 3
  • 12,789 sq ft
  • Dec 2028
  • £6.39 /sq ft pa £0.53 /sq ft pcm £81,722 pa £6,810 pcm
  • Light Industrial
  • Full Fit-Out
  • Under offer

The 2 spaces in this building must be leased together, for a total size of 12,789 sq ft (Contiguous Area):

Ground - 3 - 8,931 sq ft
1st Floor - 3 - 3,858 sq ft

The property is available by way of assignment of the existing lease which expires 21st December 2028 without further review of rent. The rent was last reviewed 2nd March 2023 to £82,361.90 which equates to a lowly £6.44 psf as currently configured ignoring the mezzanine floor.

  • Use Class: B2
  • Full height overhead loading door 5m x 4m
  • Eaves height 6.1m
  • Assignment space available from current tenant
  • Three phase electricity
  • Includes 3,858 sq ft of dedicated office space
Space Size Term Rate Space Use Condition Available
Ground - 3, 1st Floor - 3 12,789 sq ft Dec 2028 £6.39 /sq ft pa £0.53 /sq ft pcm £81,722 pa £6,810 pcm Light Industrial Full Fit-Out Under offer

Ground - 3, 1st Floor - 3

The 2 spaces in this building must be leased together, for a total size of 12,789 sq ft (Contiguous Area):

Size
Ground - 3 - 8,931 sq ft
1st Floor - 3 - 3,858 sq ft
Term
Dec 2028
Rate
£6.39 /sq ft pa £0.53 /sq ft pcm £81,722 pa £6,810 pcm
Space Use
Light Industrial
Condition
Full Fit-Out
Available
Under offer

Ground - 3, 1st Floor - 3

The 2 spaces in this building must be leased together, for a total size of 12,789 sq ft (Contiguous Area):
Size
Ground - 3 - 8,931 sq ft
1st Floor - 3 - 3,858 sq ft
Term Dec 2028
Rate £6.39 /sq ft pa
Space Use Light Industrial
Condition Full Fit-Out
Available Under offer

The property is available by way of assignment of the existing lease which expires 21st December 2028 without further review of rent. The rent was last reviewed 2nd March 2023 to £82,361.90 which equates to a lowly £6.44 psf as currently configured ignoring the mezzanine floor.

  • Use Class: B2
  • Assignment space available from current tenant
  • Full height overhead loading door 5m x 4m
  • Three phase electricity
  • Eaves height 6.1m
  • Includes 3,858 sq ft of dedicated office space

PROPERTY OVERVIEW

Banbury lies at Junction 11 just off the London to Birmingham M40 motorway and is the main North Oxfordshire centre for commerce and industry. It has a population approaching 52,000 with a catchment of approximately 160,00Banbury is undergoing significant residential and commercial growth and Unit 3 is situated on the MXL Centre on Lombard Way within approximately 1 mile of Junction 11 of the M40. In addition to the excellent road communications there are fast mainline rail services from Banbury Station to London Marylebone and Birmingham both of which can be reached within approximately 50 minutes. Heathrow airport is approximately 65 miles away and Birmingham International 40 miles.

PROPERTY FACTS

Property Size
25,578 sq ft
Total Plot Size
1.00 ac
Year Built
1995
Construction
Reinforced Concrete
Lighting
Sodium
Power Supply
Phase: 3

FEATURES AND AMENITIES

  • Roller Shutters
  • Listing ID: 33033033

  • Date on Market: 02/09/2024

  • Last Updated:

  • Address: Lombard Way, Banbury OX16 4TJ

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