OUTLOOK JUNE 2007
An e-newsletter covering
Industrial, Commercial & Retail Property, in
Published by BANKIER SLOAN
CHARTERED SURVEYORS.
REGIONAL
PROPERTY HELP LINE: 01869 338866
Acquisitions:
Sales: Lettings: Lease Renewals: Rent Reviews: Planning: Rating: Management (1)
Please
"forward" to any friends or colleagues you think may be interested
and hopefully they will reply directly to us saying "YES PLEASE" and we'll
add them to our register. Our e-mail address is reception@centre-p.co.uk
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e-newsletter. For up to date information please click www.centre-p.co.uk.
Small is Beautiful - Firstly some premises we have been
asked to market at rents of less than £120 per week which we think should be of
interest to a variety of potential
occupiers.
Moreton in Marsh. Internal
viewing of this 800 sq ft lock-up office is highly recommended.
This unit is about to be totally refurbished and re-carpeted and will be
available on a new 3 or 6 year lease at a rent of approximately £12,000 per
annum. There is good parking and the unit is located immediately adjacent
to Moreton Railway Station. See http://www.centre-p.co.uk/pdfs/Moreton-in-Marsh%20-%20Fosseway%20Business%20Park%20-%20Office.pdf.
On the same estate we have an unusual two-storey building, the ground floor
being 500 sq ft of which 250 sq ft is currently offices and the remainder
workshop, whilst the first floor totals 800 sq ft and would make a beautiful
showroom for an appropriate user. If you wish further details please
contact 01608 652888.
Title Deeds. Are you really sure you know where your title deeds are?
Unfortunately in the last three months I have come across two incidents where
clients have struggled to find title deeds and have needed to apply to the Land
Registry to confirm their ownership. This is a slow, painful, and laborious
process, and is not the thing you wish to do when you are trying to sell a
property. I would encourage anyone to check the location of their title deeds.
These will usually be in the bank, with your solicitors, or possibly in
the attic! If your property is not Registered
consider undertaking a 'First Registration'. This can be done at any time; you
do not need to wait until you sell. Your solicitor will advise you.
Office required - Banbury Town Centre. I have instructions
to acquire either freehold or leasehold a professional office, in a good
location. We require between 2,500 and 4,000 sq ft of space. A reception area
at least on the ground floor would be beneficial.
Former Telephone Exchange -
11, High Street Banbury - Freehold
Freehold Investments Wanted. We were notified of a
small industrial investment (£365,000) and within 48 hours this was
sold. The passing rent is £28,000 per annum. We
believe there are a number of investors in the market prepared to accept
returns of around 7.5% for good well located industrial properties, under
£500,000 and we would be pleased to hear from anyone who might be considering
such a disposal.
Inexpensive Rural Workshops /Warehouse
accommodation. Within the last week we
have received instructions to market at
10,000 sq ft rural unit whcih would be ideal
for someone looking for inexpensive storage accommodation. We are looking
for a rent based on £3 per square foot per annum. The unit does have
planning permission for B1 and B8 use. For further information see http://www.centre-p.co.uk/pdfs/Glebe%20Farm,%20Horley.pdf
Lock-up shop Middleton Cheney. At a rent
of £8,000 per annum this should prove of interest to a number of local
occupiers. I could see this property being used for retailing or by an A2 user,
subject to planning permission. Details are available at
http://www.centre-p.co.uk/pdfs/High%20Street,%20Middleton%20Cheney.pdf.
Full details of the properties we are currently marketing are
available via www.centre-p.co.uk.
Google. You
do not need to take our word that we have one of the most visited web-sites
relating to industrial property in the region. Take Google's
word. Just type in "industrial premises Banbury" and we should
appear very close to the top of the list of over 40,000 potential
web-sites. Go on, try it!
Excellent modern workshop (1,600 sq ft Ground Floor) Thorpe
Mead Banbury (includes excellent 400 sq ft offices) and in addition 400 sq ft
of excellent First floor offices. New lease available.
See http://www.centre-p.co.uk/pdfs/Thorpe%20Mead.pdf.
Spray Booth: FREE! Currently located in a small
factory unit in Banbury, this is spray booth is free to anyone able to come and
take it away. Please note we would ask that you "make good" the
hole in the roof which will be created when you move the extractor.
Please e-mail reception@centre-p.co.uk
and write 'Spay-Booth' in the subject box if you want to see a photo and then tel :01869
338866 if you want to view.
Short Term Lets, Banbury.
We have instructions to let two 1,500 sq ft units on Thorpe Way Banbury until
Footnote: Diary entry Wednesday 30th May ...Just
to prove OUTLOOK
works! This morning I started the day by visiting a site I
manage in Moreton-in-Marsh, then on to a meeting near Shipston to discuss
the possible acquisition of a site for a client (a requirement featured in
the March edition of OUTLOOK).
Then on to Rugby, a visit to the planning department was followed by an
inspection of a property which hopefully I will acquire on behalf of a long
standing client seeking a showroom on one of the towns industrial estates (a
request I have made I think on three occassions in
recent OUTLOOK's !), then back to Deddington to a meeting with a new client
to take instructions to rent out and manage some small rural
workshops. Before going to bed I complete this copy of OUTLOOK,
and I help(?) Lucy update the Web-site...life is never dull!
BANKIER SLOAN
Edited by Ian B Sloan FRICS
The longest established Chartered
Surveyors in the region dealing exclusively with Industrial, Commercial &
Retail Property.
Deddington 01869 338866
- Brackley 01280 700756
Moreton-in-Marsh 01608 652888 -