Office for sale in 15-17, Blenheim Office Park, Long Hanborough, Oxford OX29

From £1,900,000 (£763.97/sq. ft)
Office for sale From 2,487 - 7,888 sq. ft*
Interested in this property? Call +44 1865 680155 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property description

Key Points

  • High Quality, Modern Office Units
  • Available as a Whole or Individually
  • Fully Occupied
  • Asset Management Opportunities
  • Viewings

    Strictly by appointment with the joint sole agents.

    Location

    Blenheim Office Park is an established business park located in a tranquil setting, on the east side of Long Hanborough, approximately 13 km (8 miles) north-west of Oxford benefiting from easy access to the A40, A34 and in turn the M40. Witney and Kidlington are both within easy reach and offer excellent local amenities.

    Hanborough railway station can be found close by, offering direct links to Oxford and in turn London Paddington.

    Terms

    The unit are available together or individually on a freehold basis.

    Unit 15 - £645,000
    Unit 16 - £655,000
    Unit 17 - £600,000

    Specifications

    The specification of each unit includes air conditioning, ancillary heating, perimeter & underfloor trunking, suspended ceilings and recessed ceiling lighting. Each office has its own access and benefits from Male / Female / disabled WC facilities.

    Parking provision is excellent with a combined total of 45 spaces offering an impressive ratio of 1:175 sq ft.

    Existing Tenancies

    Unit 15 - Next Fifteen Communications Group Limited
    The unit is held on a full repairing and insuring lease for a term of 5 years expiring 04/08/2025 with a tenant only break on 05/08/2023.
    In the event that the break is not served, the Tenant benefits from a 2 month rent free period. The annual rent is £49,561 (£18.50 per sq ft). A purchase price of £645,000 would reflect a gross yield of 7.68%.

    Unit 16 - Phynova Group Limited
    The unit is held on a internal repairing and insuring lease for a term of 5 years expiring 27/09/2021. The annual rent is £38,800 (£14.25 per sq ft).

    Unit 17 - e-Therapeutics plc
    The unit is held on a full repairing and insuring lease for a term of 3 years expiring 29/09/2021. The annual rent is £46,000 (£18.50 per sq ft).

    The leases are all excluded from the security of tenure provisions of the 1954 Landlord & Tenant Act and are available upon request.

    Property info

    * Sizes listed are approximate. Please contact the agent to confirm actual size.

    Arrange Viewing

    For more information about this property, please contact
    Cluttons, OX4 on +44 1865 680155 * (local rate)

    Contact Cluttons about this property

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    Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Cluttons, and do not constitute property particulars. Please contact Cluttons for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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