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Telford Rd - Site

2 Acres of Commercial Land Offered at £1,050,000 in Bicester OX26 4LD

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Investment Highlights

Bicester is strategically located approximately 12 miles north east of Oxford and midway between London and Birmingham
The subject site is situated on the established Telford Road Industrial Estate, just off Launton Road, to the north east of the town centre.

The A41 dual carriageway from Bicester to the motorway junction also connects with the A34

Executive Summary

The site has the benefit of planning consent dated 24th February 2022 (Ref: 19/00545/F) for development of 4 x B2 industrial units jointly totalling c. 29,500 sq ft/2,740 sq m at ground floor. Subject to planning, we consider the scheme could be increased through the addition of first floor accommodation; a 50% floor covering would add 14,750 sq ft/1,370 sq m. The consented scheme has index linked s.106 and s.278 contributions, i.a. including design and construction of the new signalised Toucan pedestrian crossing on Launton Road. Full details on application. As stated above, we consider the site to otherwise be suitable, in part, for open storage, subject to planning, having previously been used for the open storage of industrial cranage.
Freehold.
Rights of access are granted to the adjoining occupier, Park Display over the central access road, with restrictions in place prohibiting them from parking on the access road, other for unloading and loading.
There is allowance to recover of cost from Park Display, together with their successors in title, for fair and reasonable costs incurred in maintaining, repairing and renewing the access road.

Marketing Brochure/Flyer

Bicester - Telford Road Site

Property Facts

Price	£1,050,000	Property Type	Land
Sale Type	Investment	Property Subtype	Commercial
Tenure	Freehold	Proposed Use	Industrial
No. Lots	1	Total Lot Size	2.00 AC

Price	£1,050,000
Sale Type	Investment
Tenure	Freehold
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Industrial
Total Lot Size	2.00 AC

1 Lot Available

Lot

Price	£1,050,000	Lot Size	2.00 AC
Price Per AC	£525,000

Price	£1,050,000
Price Per AC	£525,000
Lot Size	2.00 AC

* Gross site area of c. 2 acres * Consented 4-unit industrial scheme totalling 19,687 sq ft with scope to increase * Suitable for open storage, subject to planning

Description

Rarely available site with consented industrial scheme, also suitable for open storage, situated on the established Telford Road Industrial Estate, just off Launton Road, to the north east of Bicester town centre.

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