Available Properties

Main Road Site, Banbury, Oxon (Updated August 2003)

Office Investment, Banbury, Oxon - Of Interest to Investors and Owner Occupiers

High Street Retail Investments (Updated August 2003)

Notice

Southam Road, BanburyMain Road Site, Banbury, Oxon

20,000 Sq Ft Non Food Retail Building Under Construction

Clients of ours have acquired this 2 acre site on the busy Southam Road, less than 0.50 miles from Banbury town centre. The Southam Road is a main route to the town from the M40 junction.
Various occupational options exist but we are pursuing A1 occupiers following the recent grant of outline consent for a 20,000 sq ft retail unit (non food) on the site. Our client will give consideration to a leasehold deal for the entire or part of this accommodation.
Part of the site has recently been occupied by IMO Car Wash.
Fairbairn Wild are jointly marketing the site jointly with Wareing & Company.
Southam Road, Banbury

Part of the site is occupied by IMO Car Wash.

Fairbairn Wild are jointly marketing the site jointly with Wareing & Company.

Click for further information

Location Plan
Site Plan

Location Plan
Site Plan



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Site Plan, Southam Road, BanburyLand To Be Developed (STP)IMO Car Wash 

Laser House, Beaumont Close, Banbury, Oxon (UNDER OFFER)

Freehold office investment of interest to investors and owner-occupiers, available in part or as a whole.

Laser House occupies a prominent main road site located in an established business area approximately 1 mile north of Banbury town centre. The property comprises two self-contained single storey office buildings with one building to be subject to a lease for a term of 15 years to Laser Lines (Industrial & Medical) Ltd at a rent of £70,000 p.a. The second building is available with vacant possession and was constructed in 1996 being quality multi-purpose space suitable for a wide range of office, high-tech, research and development, light assembly and storage uses. Total accommodation is approximately 18,000 sq ft and in addition there are 45 surface car spaces.

The property is available as a sale and lease back of part. The income will be £70,000 p.a. secured for a term of 15 years and represents £7.68 per sq ft. The second building is available for occupation. The freehold interest in the entire property is available at £1,400,000 reflecting £77.40 per sq ft on a net internal basis. Assuming a letting of the second building at £75,000 p.a. the combined income of £145,000 p.a. would represent a NIY of 9.80%.

Joint agents White Mitchell and Lambert Smith Hampton.

High Street Retail Investments

We are handling the sale of various retail investments for clients. Please contact us for further information.

206/208 Dalton Road, Barrow In Furness (SOLD)

Let to Holland & Barrett until June 2016

Passing rent £30,500 p.a.

Price of £430,000 reflecting 6.97% net initial yield

No stamp duty payable

33 Castle Street, Hinckley (SOLD)

Let to UK Consumer Electronics Limited (t/a Box Clever) until June 2012.

Passing rent of £31,500 p.a.

Price of £430,000 reflecting 7% Net Initial Yield.

9 Stepney Street, Llanelli  (SOLD)

Let to The Carphone Warehouse Limited until March 2011.

Passing rent of £38,800 p.a.

Price of £500,000 reflecting 7.4% Net Initial Yield.

113 London Road North, Lowestoft  (SOLD)

Let to National Co-operative Chemists Limited until January 2013.

Passing rent of £34,250 p.a.

Price of £500,000 reflecting 6.54% Net Initial Yield.

25 & 26 Stodman Street, Newark (SOLD)

25 Stodman Street - Let to Haart Limited until February 2007
26 Stodman Street - Let to Cancer REsearch UK until November 2014

Total rent of £58,000 p.a.

Price of £815,000 reflecting 6.73% Net Initial Yield.


6-16 Queens Road, Nuneaton
(SOLD)

Let to Going Places, Clarks, W H Smith and Greggs

 

 

 


Notice

Fairbairn Wild for themselves and for the vendor of these properties, whose agents they are give notice that:-

(a) The particulars and plans are set out as a guideline only for guidance of intending purchasers and do not constitute the whole or part of an offer or contract.

(b) All descriptions, dimensions, references to conditions and necessary permission for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers should not rely upon them as statements or representations of fact but should satisfy themselves by inspection or otherwise as the correctness of each of them.

No persons in employment of Fairbairn Wild has any authority to make or give any representation or warranty whatever in relation to these properties.

 

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