Asset Type: Retail Warehouse
Southam Road, Banbury OX16 2RL
Banbury is a traditional market town within the Cherwell District of Oxfordshire. It is 103 km (64 miles) north west of London, 61 km (38 miles) southeast of Birmingham, 43 km (27 miles) and 34 km (21 miles) north west of Oxford. The urban area population is 46,853 people (2011 ONS).
Communications to Banbury are excellent. The town is situated on junction 11 of the M40 motorway, which links London and Birmingham via Oxford, while the A423 and A422 provide access to Coventry and the surrounding area. There is a fast and direct rail service to London Marylebone with a fastest journey time of just over 1 hour. Birmingham Airport is 37 miles to the north west and can be reached by car in just under 50 minutes.
The property is prominently located in the centre of a cluster of other DIY, bulky goods and furnishing retailers at the junction of Marley Way and Southam Road (A361). The property is approximately one mile north of the town centre and has direct access to Junction 11 of the M40 motorway.
The property is a solus retail warehouse unit comprising a steel portal frame construction with brick elevations, at ground level, and steel cladding above under a pitched roof. There is a canopy over the entrance lobby and garden centre towards the front of the property. Internally, the unit has been fitted out to the tenant’s standard corporate design and trading format.
The property has a site area of 1.013 hectares (2.502 acres) which shows a site cover of 32%.
The property is serviced via a loading bay to the rear which is accessed by Marley Way. The property provides a Gross Internal Area (GIA) of 34,865 sq ft (3,239 sq m) plus a garden centre at the front of the property. Customer car parking is located at the front of the property. The car park provides 138 car parking spaces which equates to a car parking ratio of 1:253 sq ft (1:2723 sq m).