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Trinity Way - Somerville Court 3,002 SF Office Condo Unit Offered at $791,661 CAD in Banbury OX17 3SN
Investment Highlights
- Modern ground & first floor office suites
- Car Parking
- Air conditioning, wc & kitchen facilities
Executive Summary
anbury is the principal commercial and administrative centre of north Oxfordshire, being located at Junction 11 of the M40 motorway (London to Birmingham) and is rapidly expanding town with a population of 54,335 (census 2021) and a District population of approximately 160,000. . The property is located on the popular Banbury Business Park which is located three miles south of Banbury on the edge of the attractive village of Adderbury with excellent access to both junctions 10 (7 miles) and Junction 11 (6.5 miles) of the London to Birmingham M40 motorway.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Tenure | Long Leasehold |
| No. Parking Spaces | 15 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 15 |
| Tenure | Long Leasehold |
Description
The two-storey end of terrace office building was built in the early 1990’s and in 2023 the property was refurbished to provide 3 individual office suites, together with kitchen facilities serving both ground and first floors.
The ground floor and first floor rear suites are currently both vacant, with the first floor front suite currently leased to Fat Panda First Aid Training Limited on a 3 year lease at a rent of £9,850 per annum exclusive, expiring in March 2026.
The whole building has 15 allocated car parking spaces, with current tenant ‘Fat Panda’ occupying 4 of these spaces (granted on a ratio of 1:200 sq ft).
The ground floor and first floor rear suites are currently both vacant, with the first floor front suite currently leased to Fat Panda First Aid Training Limited on a 3 year lease at a rent of £9,850 per annum exclusive, expiring in March 2026.
The whole building has 15 allocated car parking spaces, with current tenant ‘Fat Panda’ occupying 4 of these spaces (granted on a ratio of 1:200 sq ft).
Sale Notes
The property is available on a virtual freehold basis (the long-leasehold
interest having 972 years remaining at the time of writing) with offers
invited in the region of £425,000
interest having 972 years remaining at the time of writing) with offers
invited in the region of £425,000
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 8 | 3,002 SF | Office | $791,661 CAD ($263.71 CAD/SF) | - |
Unit 8
| Unit Size |
| 3,002 SF |
| Condo Use |
| Office |
| Price |
| $791,661 CAD ($263.71 CAD/SF) |
| NOI |
| - |
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Unit 8
| Unit Size | 3,002 SF |
| Condo Use | Office |
| Price | $791,661 CAD ($263.71 CAD/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 15 |
| Tenure | Long Leasehold |
| Description | |
| The two-storey end of terrace office building was built in the early 1990’s and in 2023 the property was refurbished to provide 3 individual office suites, together with kitchen facilities serving both ground and first floors.<br> The ground floor and first floor rear suites are currently both vacant, with the first floor front suite currently leased to Fat Panda First Aid Training Limited on a 3 year lease at a rent of £9,850 per annum exclusive, expiring in March 2026.<br> <br> The whole building has 15 allocated car parking spaces, with current tenant ‘Fat Panda’ occupying 4 of these spaces (granted on a ratio of 1:200 sq ft).</li></ul> | |
| Sale Notes | |
| The property is available on a virtual freehold basis (the long-leasehold <br> interest having 972 years remaining at the time of writing) with offers <br> invited in the region of £425,000</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 15,797 SF | Typical Floor Size | 7,898 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Building Class | C | Lot Size | 0.87 AC |
| Floors | 2 | Parking Ratio | 1.52/1,000 SF |
| Total Building Size | 15,797 SF |
| Property Type | Office (Condo) |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 7,898 SF |
| Year Built | 1988 |
| Lot Size | 0.87 AC |
| Parking Ratio | 1.52/1,000 SF |
Amenities
- 24 Hour Access
- Kitchen
- Energy Performance Rating - D
- Demised WC facilities
- Drop Ceiling
- Air Conditioning
- Raised Floor System
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Trinity Way - Somerville Court
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