18-19b Cheriton House is a first floor office located in the Cromwell Business Park on the Banbury Road which is approx. ½ mile from Chipping Norton Town Centre. Close by the A44 provides fast access to Oxford (21 miles) and the A34 (15.5 miles) from where access to the M4 can be gained. Banbury and the M40 are approx. 13 miles to the north. Chipping Norton is a busy market town with numerous pubs and restaurants and local shops including ALDI, Sainsbury's, The Co-op, WH Smith and Boots all within walking distance of the property.
Cromwell Business Park is a popular landscaped office development with its own gardeners and security consisting of 27 modern office buildings.
The property provides an attractive, modern, mid terrace first floor office with tiled roof and casement windows and external doors. The offices, currently used as training facilities provide quality accommodation are largely open, with glass partitioned offices and meeting rooms. Facilities include a separate kitchen/break out facility and male and female toilets.
The premises are available on a virtual freehold basis with the long lease due to expire in 982 years' time at a price of £250,000 excluding VAT or on a new sub lease on terms to be agreed at a rental of £22,500 per annum exclusive. A service charge of £5,160 per annum (based on 2018/19 figures) is payable in respect of the maintenance and cleaning of shared areas of the premises including landscaping, maintenance and cleaning of the car park and 24 hour on site security. Building insurance for 2018/19 is £651.09 and there is an annual ground rent of £200.