Industrial for sale in Unit 10 Isis Business Centre, Pony Road, Oxford OX4
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Property description
Key Points
Description
The property comprises a two storey mid-terrace industrial unit of steel portal framed construction with profile metal clad elevations. The ground floor is arranged to provide an entrance lobby, disabled WC and a main workshop / store area. The first floor provides offices, additional WC and a steel framed storage mezzanine accessed via two internal staircases. The unit offers a generous eaves height of 6.8m and a good standard of internal fitting throughout.
Five car parking spaces are allocated to the unit.
Location
Renowned for its university connections, the historic City of Oxford has become a major commercial centre, offering the dual advantages of an attractive working environment and excellent communications on a local and national level. Unit 10 Isis Business Centre occupies a prominent position towards the entrance of the Pony Road Estate just off the Oxford Ring Road Southern Bypass and in close proximity to Oxford Business Park. Estate occupiers include Screwfix, Toolstation, Topps Tiles and Howdens.
Terms
The property is let to Grant & Stone Limited on an Fri lease expiring 08 April 2033 at a rent of £34,100pax. The lease is subject to a tenant only break option and rent review on 9th April 2028. A copy of this lease is available upon request.
Incorporated in 1986, the accounts for Grant & Stone Ltd for the year ending 31 December 2022 confirm a turnover of £187,339,977 and a pre-tax profit of £6,938,153.
The freehold interest is available for sale at a price of £550,000 exclusive, reflecting a gross yield of 6.20%.
Availability_Text
The accommodation comprises the following Gross Internal Areas:
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Benedicts, OX4 on +44 1865 680782 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Benedicts, and do not constitute property particulars. Please contact Benedicts 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.