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Colwell Dr 8,005 SF Office Building Abingdon OX14 1AU For Sale



INVESTMENT HIGHLIGHTS
- 53 parking spaces.
- Walking distance to local amenities.
- Site Area: 0.68 acres.
- Versatile accomodation.
- Great transport link.
EXECUTIVE SUMMARY
Red Cross House sits within Abindon Business Park, which is strategically located just off the A34, providing excellent access to both the M4 and M40 motorways and offers great connectivity to major cities like Oxford, Reading, and London. The property adjoins a McDonald restaurant and located opposite is Abingdon Police Station. Oxford: 7.8 miles (12.6km) Didcot Railway Station: 7.2 miles (11.6km) Abingdon Centre: 0.7 miles (1.1km) Reading: 25 miles (40.2km) Opportunity to acquire a modern, office / training facility in Abingdon Business Park Red Cross House comprises a two-story office / storage space with an adaptive floor plate, benefiting from open and cellular accommodation. The property is fitted out as a training facility, and the ground floor offers ample open storage, reception and meeting rooms with larger office suites on the first floor. WC facilities are located on each floor. The property benefits from double glazing, perimeter trunking and a wet radiator system. There is an 8 person lift from ground to first as well as two stairwells.
The property is held on a long lease on the following terms:- Dated: 24th July 1998 Term: 125 years from 25th December 1997. Rent: £1 if demanded. Repair: Full repairing and insuring. Pre-emption: The Landlord has the right of pre-emption . Non-compete: The Landlord has the right to have regard to those uses that are current on the park in the interest of estate management.
The property is held on a long lease on the following terms:- Dated: 24th July 1998 Term: 125 years from 25th December 1997. Rent: £1 if demanded. Repair: Full repairing and insuring. Pre-emption: The Landlord has the right of pre-emption . Non-compete: The Landlord has the right to have regard to those uses that are current on the park in the interest of estate management.
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Office
Tenure
Long Leasehold
Building Size
8,005 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
4,003 SF
Building FAR
0.27
Lot Size
0.68 AC
Parking
53 Spaces (6.62 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
- Signage
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Colwell Dr
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