1a Canada Close, Banbury, OX16 2RT

The first floor premises are of modern design incorporating steel portal frame construction under a pitched and clad roof. The first floor office has had a good quality full refurbishment with separate male and female WC facilities. There are 6 car parking spaces available with the first floor suite, with a share of 11 further visitor spaces.

Banbury is located in North Oxfordshire at Junction 11 of the London to Birmingham M40 motorway and is subject to substantial commercial and residential expansion at the current time with a number of new developments underway and planned.

The subject premises are situated in Canada Close just off the A361 Southam Road and Marley Way and forms part of the Canada Business Park, located approximately ¾ mile (1.2 kilometres) from Junction 11 of the M40 London to Birmingham Motorway.

There is direct access from the car park onto the canal towpath, affording a pleasurable walk to the Castle Quay Shopping Centre. Current surrounding occupiers include Halfords, B&Q, Waitrose, Stabilus and Royce Lingerie.

The first floor office suite is to be let on a new lease at a rental of £21,600 per annum based on a minimum 5-year effective full repairing and insuring lease (subject to the terms of the lease and the financial covenant of the ingoing tenant). An incentive of 6 month's rent free in the 1st year of the lease is being offered, subject to contract.