From
£2,250,000
(£132.35/sq. ft)
Industrial for saleSafety House And Unit 13, Hanborough Business Park, Oxfordshire OX29
17,000 sq. ft
EPC Rating: D
Just added
Freehold
About this property
Offers over £2,250,000
Niy of 8.00% assuming standard purchasers costs
Low Capital Value of £132 psf
Passing Rent £192,000 pa (£11.29 psf)
Opportunity for asset managment via upcoming rent reviews
Estimated Rates Payable: £83470
Description
Units 11 & 12, known as Safety House, and Unit 13, are modern buildings comprising office and industrial accommodation. Safety House includes the central office block, laid out for the tenants testing, teaching and office requirements with adjoining light industrial space used for their teaching and offering useful and highly popular hybrid accommodation. Unit 13 is laid out as a showroom, office and storage accommodation for the tenants ReCare. The units benefit from a generous parking allocation of 61 spaces.
Safety House (Units 11 & 12)
Tenant: Safety Services (U.K.) Limited
Term: 20 years ending 20th July 2036
Rent: £144,000 pa (£11.77 psf)
Rent Review: 21 July 2026 and every third anniversary
Unit 13
Tenant: Recare Limited
Term: 8 years ending 24th November 2032
Rent: £48,000 pa (£10.07 psf)
Rent Review: Every third anniversary
Break: Mutual Break Option on 24 November 2029
Location
Situated on the A4095 approximately 7 miles north west of Oxford, Long Hanborough provides a strong and well regarded regional business centre with good access to Oxford. Long Hanborough also benefits from a train station on the Worcester to London mainline with regular access to Oxford and London.
Terms
The Freehold interest in the property is available, subject to contract and the existing tenancies, for £2,250,000 exclusive of VAT
Units 11 & 12, known as Safety House, and Unit 13, are modern buildings comprising office and industrial accommodation. Safety House includes the central office block, laid out for the tenants testing, teaching and office requirements with adjoining light industrial space used for their teaching and offering useful and highly popular hybrid accommodation. Unit 13 is laid out as a showroom, office and storage accommodation for the tenants ReCare. The units benefit from a generous parking allocation of 61 spaces.
Safety House (Units 11 & 12)
Tenant: Safety Services (U.K.) Limited
Term: 20 years ending 20th July 2036
Rent: £144,000 pa (£11.77 psf)
Rent Review: 21 July 2026 and every third anniversary
Unit 13
Tenant: Recare Limited
Term: 8 years ending 24th November 2032
Rent: £48,000 pa (£10.07 psf)
Rent Review: Every third anniversary
Break: Mutual Break Option on 24 November 2029
Location
Situated on the A4095 approximately 7 miles north west of Oxford, Long Hanborough provides a strong and well regarded regional business centre with good access to Oxford. Long Hanborough also benefits from a train station on the Worcester to London mainline with regular access to Oxford and London.
Terms
The Freehold interest in the property is available, subject to contract and the existing tenancies, for £2,250,000 exclusive of VAT
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Monthly repayment
£11,255 per month
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