Lot 1: LAND AND COMMERCIAL INVESTMENT

Sold After

An area of Freehold land and roadways at Lakeside Industrial Estate to the west of the A415 approximately four and a half miles south of Witney and the A40.

The Lot comprises of roadways to the industrial units and communal open space and pond bordering the main road. Each of the commercial units contribute to the maintenance of these areas. Furthermore a small section of land (highlighted blue) is leased to one of the businesses.

Tenancy

A small parcel of land (highlighted blue on the location plan) is leased to Pizza Express (Restaurants) Ltd for a term from and including 26th September 2016 and expiring on midnight on
8th February 2031 at a current rental of £7,920 per annum with a review every third anniversary of the commencement date.

Viewing

Interested parties can view directly on site, at any reasonable time, at the sole risk of the viewer. Care must be taken to avoid trespass
en-route.

Site Management

The current owners manage (which we are advised by the Seller, are adopted) the roadways and land for which each of the businesses on site pay a contribution plus an administration/management fee. Further information will be available within in the legal documents available from the Clive Emson website or for inspection at the Auctioneer’s office.