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Mxl Centre Lombard Way

12,789 SF of Assignment Available in Banbury OX16 4TJ

Assignment Highlights

  • Good loading access with yard fronting the building with good parking provision
  • Parking spaces
  • Excellent road communications

all available space(1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Space Use
  • Condition
  • Available
  • Ground - 3, 1st Floor - 3
  • 12,789 SF
  • Dec 2028
  • £6.39 /SF/PA £0.53 /SF/MO £68.78 /m²/PA £5.73 /m²/MO £81,722 /PA £6,810 /MO
  • Light Industrial
  • Full Build-Out
  • Now

The 2 spaces in this building must be leased together, for a total size of 12,789 SF (Contiguous Area):

Ground - 3 - 8,931 SF
1st Floor - 3 - 3,858 SF

The property is available by way of assignment of the existing lease which expires 21st December 2028 without further review of rent. The rent was last reviewed 2nd March 2023 to £82,361.90 which equates to a lowly £6.44 psf as currently configured ignoring the mezzanine floor.

  • Use Class: B2
  • Full height overhead loading door 5m x 4m
  • Eaves height 6.1m
  • Assignment space available from current tenant
  • Three phase electricity
  • Includes 3,858 SF of dedicated office space
Space Size Term Rent Space Use Condition Available
Ground - 3, 1st Floor - 3 12,789 SF Dec 2028 £6.39 /SF/PA £0.53 /SF/MO £68.78 /m²/PA £5.73 /m²/MO £81,722 /PA £6,810 /MO Light Industrial Full Build-Out Now

Ground - 3, 1st Floor - 3

The 2 spaces in this building must be leased together, for a total size of 12,789 SF (Contiguous Area):

Size
Ground - 3 - 8,931 SF
1st Floor - 3 - 3,858 SF
Term
Dec 2028
Rent
£6.39 /SF/PA £0.53 /SF/MO £68.78 /m²/PA £5.73 /m²/MO £81,722 /PA £6,810 /MO
Space Use
Light Industrial
Condition
Full Build-Out
Available
Now

Ground - 3, 1st Floor - 3

The 2 spaces in this building must be leased together, for a total size of 12,789 SF (Contiguous Area):
Size
Ground - 3 - 8,931 SF
1st Floor - 3 - 3,858 SF
Term Dec 2028
Rent £6.39 /SF/PA
Space Use Light Industrial
Condition Full Build-Out
Available Now

The property is available by way of assignment of the existing lease which expires 21st December 2028 without further review of rent. The rent was last reviewed 2nd March 2023 to £82,361.90 which equates to a lowly £6.44 psf as currently configured ignoring the mezzanine floor.

  • Use Class: B2
  • Assignment space available from current tenant
  • Full height overhead loading door 5m x 4m
  • Three phase electricity
  • Eaves height 6.1m
  • Includes 3,858 SF of dedicated office space

Property Overview

Banbury lies at Junction 11 just off the London to Birmingham M40 motorway and is the main North Oxfordshire centre for commerce and industry. It has a population approaching 52,000 with a catchment of approximately 160,00Banbury is undergoing significant residential and commercial growth and Unit 3 is situated on the MXL Centre on Lombard Way within approximately 1 mile of Junction 11 of the M40. In addition to the excellent road communications there are fast mainline rail services from Banbury Station to London Marylebone and Birmingham both of which can be reached within approximately 50 minutes. Heathrow airport is approximately 65 miles away and Birmingham International 40 miles.

PROPERTY FACTS

Building Size
13,254 SF
Lot Size
1.00 AC
Year Built
1995
Construction
Reinforced Concrete
Lighting
Sodium
Power Supply
Phase: 3

Features and Amenities

  • Roller Shutters
  • Listing ID: 33033033

  • Date on Market: 02/09/2024

  • Last Updated:

  • Address: Lombard Way, Banbury OX16 4TJ

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