D C Lighting Ltd commenced its lease on 24th February 2012 for a term of 10 years (i.e. to 23rd February 2022). There are no break clause options available to either party before the end of the term.
The passing rent was reviewed as at 24th February 2017 to £14,500.00pa exclusive. There are no further rent reviews before the end of the term.
The tenant has a full repairing and insuring liability.
The lease is held inside the provisions of part 2 of The Landlord & Tenant Act 1954.
Didcot is a designated “Growth Town” under South Oxfordshire District Council, is growing rapidly and will continue to do so substantially over the next 10 years+ having also been given “Garden Town” status.
Harrier Park lies off “Hawksworth” on the northern edge of the town, which connects to the orbital road around the town, effectively by-passing the town centre and also within a short drive of Didcot Parkway mainline station.
Price Guide and Terms
Offers in the region of £175,000 are invited for the freehold interest subject to the existing tenancy.
Each party to cover their own costs however arising
The property is elected in for VAT purposes therefore the purchase price will attract VAT.
Rateable Value (April 2007)
Business rates are payable by the tenant.
From the Environment Agency’s ”Flood Map for Planning” the building is indicated as being in an area designated as Zone 1 (Low Risk).
Energy Performance Certificate
ER = C/61 (full details on request).
Planning and Rating Authority
South Oxfordshire District Council
135 Eastern Avenue
Tel: 01235 422422
Strictly by prior appointment please with the sole agent, Green & Co Commercial and Development Agency, Monday to Friday 9am to 4.30pm only. Tel. 01235 763561 ref. RH or e-mail: firstname.lastname@example.org
Didcot is situated in south Oxfordshire approximately 8 miles due south of Oxford and 2.75 miles east of the A34 trunk road/Milton Interchange.
From the A34 take the A4130 towards Didcot and after approx. 2 miles stay on the A4130 by turning left at the roundabout, over the railway bridge and straight on at the next roundabout. Then turn right at the next roundabout into Hawksworth, turn right at the first bend then immediately left into Harrier Park. No. 11 is on the right. Post code OX11 7PL
A rare opportunity to buy the freehold interest in modern, income bearing business premises situated in a no-through close of similar buildings located on the north side of Didcot, off Hawksworth and the A4130 orbital road.