OUTLOOK November
2008
A monthly e-newsletter covering
Industrial, Commercial & Retail Property, in North
Oxfordshire,
North Gloucestershire, South
Northants and South Warwickshire.
Published by BANKIER SLOAN CHARTERED
SURVEYORS.
Acquisitions: Sales:
Lettings: Lease Renewals: Rent Reviews: Planning: Rating: Management
Regional Property
Helplines : 01869 338866 and
01608 652888
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
Yard wanted, Warwick: Our clients are seeking an area for
the storage of 60-80 cars within a ten mile radius of Warwick. We expect
to take this on a 3 year lease, with an annual break clause. The site must
have existing planning permission for open storage. Full details to
reception@centre-p.co.uk.
Nuneaton, Leasehold/Freehold: We anticipate receiving
instructions in the next 7 days to market this prominent site which has been
used until recently for the display of cars. The site includes a small workshop
with adjacent office and would be ideal for car sales, car or plant hire,
etc. Asking price around £200,000 + or £18,000 pa. It may
even have some redevelopment potential !
Workshop & Yard at Wardington, Nr
Banbury: This may not be the prettiest 5,000 sq ft
industrial building you have ever seen, but at a rent of just £18,000 per annum
with a good yard we think this is great value. Our clients live on site
which we believe adds to security . See
http://www.centre-p.co.uk/WardingtonOCT08.pdf
Need an office with a shop front ? The
longest established service office in Oxfordshire (well that's the claim made by
Centrepoint in Deddington) is now offering one of it's prime road frontage
offices, fully serviced at £7,500 pa .. It's fantastic value for money and we
believe would prove a great location for many businesses. See
http://www.centre-p.co.uk/pdfs/Excellent%20Offices-Deddington(April08).pdf
The interesting thing for many will be that the initial committment
need only be 6 months.
Energy Performance Certificate Update: I was not
surpised that my comments generated interest last month! I am grateful to
those who thanked me for my research in this matter. If you missed it first time
round please send an e-mail to
reception@centre-p.co.uk writing
Energy Certificate in the subject box and you will receive my opinion as to why
you
do not need a certificate for many industrial properties, whatever
the size. My opinion was supported by many including
one interesting comment from a company who are "Low Carbon Energy
Assessors". They wrote:-
"Your comments regarding
the designation of unconditioned workshops or warehousing etc. were valid
insofar as localised radiant or personal heating would still render the space as
unconditioned. Any form of volume heater would invalidate this. A subsequent
addition of volume heater would require the updating of the EPC (something which
could be ensured under landlords consents)". Interesting note for my legal friends when preparing future leases
!
Our
web-site is good, no very good (!)...thank you Lucy.
If you
haven't visited it recently, now is the moment. Get yourself
a drink, relax and spend 15 minutes visiting www.centre-p.co.uk.
OUTLOOK Circulation Numbers:
Earlier this year we 'culled' our distribution list, and removed 543
names for a variety of reasons. Some readers may be interested to know
that this issue is being e-mailed to 3,256 addresses, and will be posted to
a further 57. Our list is made up of developers, investors, tenants,
agents, local authority members, retailers, major space occupiers...in fact most
of the important people 'in property' across our geographical area of work. We
thank you all for reading our rambling notes ! We really do welcome all
your comments, so please spare a moment and send an e-mail to tell us you
are out there! Make our day and e-mail
reception@centre-p.co.uk even if you
just say 'Hello' in the subject box. Thank you. If you get TWO copies of
OUTLO
OK, please REPLY from the second version and write 'extra
copy' in the Subject box and our software will do the rest. Don't
worry this won't remove you from the list totally.
Property Dinner Invitation: I am sure there are
enough 'OUTL
OOK' readers who would be interested in joining
me for a lunch in the last week of November, probably in the centre of Banbury.
This will be, I hope, a relaxed pre-Christmas lunch where 20+ people might
gather to discuss current property issues. Being a sensible business man,
I am not prepared to write an open cheque (!) but I am prepared to contribute
£15.00 for all who attend. This invitation is extended to all
readers of OUTL
OOK, including all my current and future clients,
local solicitors, and any surveyors reading this who'd like to join
me. I hope this might prove to be an annual event. If
interested please send Debbie an e-mail to
reception@centre-p.co.uk giving her
your details and writing in the subject box "Pre-Christmas Lunch". How
does Thursday 28th November with drinks from 12.15pm sound
?
Open Day, Thorpe Way Industrial Estate, Banbury: Our
clients Exclusive UK Limited have some excellent re-furbished office
accommodation available in their new property, and a substantial factory unit
which we are also marketing within 100 metres. We are holding a lunch time
"Open Day" on Thursday 20th November. Please accept this as your invitation to
join us. We will provide sandwiches and drinks, and will be
happy to discuss any property matters with you. Please let us know
if you anticipate joining us as this will help with catering. E-mail:
reception@centre-p.co.uk writing the
words "Open Day" in the subject box and full details will be
provided.
Shop, Little Bourton, Nr Banbury: Our clients
Avoncroft Homes have started developing residential units on the former petrol
station site on the A423, two miles north of Banbury. As part of the
development they plan to construct a retail unit of approximately 800 sq ft with
a flat above. We would be pleased to hear from any party interested in
this unit, which could be available freehold or leasehold. Please e-mail
reception@centre-p.co.uk for
details.
West Bar Shop/Office: Locals will have been relieved
to see that the workmen have moved their skip from outside my clients property,
less than 100 metres from Banbury Cross.We now think this looks a really good
deal as both the adjacent properties have recently been improved. See
http://www.centre-p.co.uk/West%20Bar,%20Banbury.pdf
Yard at Aynho: £28,000 a year would get you this
fantastic yard which totals almost exactly 1 acre. It is fenced, secluded,
and approximately 4 miles from Junction 10 of the M40. If this is too
big we are happy to sub-divide and create fenced yards upwards of 5,000 sq ft at
rents based on £1.20 per square foot per annum. See
http://www.centre-p.co.uk/pdfs/Yard%20at%20AynhoJUNE08.pdf
Payment of Rates on Empty property. Sorry, I know
this is here for a third month running....but many people still haven't started
to use this simple method to avoid paying 100% Empty rates for months on end. In
September 35 enquired, in October 62, so I thought I'd give you another chance.
If you want our notes on how to restrict your rates please e-mail
reception@centre-p.co.uk writing
EMPTY RATES in the Subject Box and we'll send you our breifing paper.
Powerpark, Station Approach, Banbury: This unit may
be in an usual position, very close to the town centre, not on a major
industrial estate...but it is fantastic value for money and has recently been
refubished to an excellent standard. See
http://www.centre-p.co.uk/Power%20Park,%20Banbury.pdf
Restaurant, Oxford : See
http://www.centre-p.co.uk/Peninsula%20Restaurant,%20Oxford.pdf .
We may be on the point of exchanging on the sale of this property...but, well
you all know about raising finance at the present time, so it may not be too
late for you to buy this excellent leasehold interest in the city centre.
Interested ? Please telephone 01869 338866.
Edited
by Ian B Sloan FRICS – 3rd November
2008
BANKIER
SLOAN
The longest established Chartered
Surveyors in the region dealing exclusively with
Industrial, Commercial & Retail
Property.
North
Oxfordshire, North Gloucestershire, South
Northants and South
Warwickshire.
Deddington 01869 338866
- Brackley 01280 700756
Moreton-in-Marsh 01608
652888 - Coventry 02476
545556