Unit 8 Somerville Court, Banbury Business Park, Banbury, OX17 3SN

Summary

The two-storey end of terrace office building was built in the early 1990’s and in 2023 the property was refurbished to provide 3 individual office suites, together with kitchen facilities serving both ground and first floors.

The ground floor and first floor rear suites are currently both vacant, with the first floor front suite currently leased to Fat Panda First Aid Training Limited on a 3 year lease at a rent of £9,850 per annum exclusive, expiring in March 2026.

The whole building has 15 allocated car parking spaces, with current tenant ‘Fat Panda’ occupying 4 of these spaces (granted on a ratio of 1:200 sq ft).

There is a service charge payable in connection with the wider estate, the costs of which are stated within the above table. Full details and a copy of the budget and current building apportionment is available upon request.

The property is available on a virtual freehold basis (the long-leasehold interest having 972 years remaining at the time of writing).

Key Points

Location