Banbury Heating have completed their move from units G1 and G2 Marley Way, Banbury into the newly refurbished G6, which also benefits from a secure yard.
The plumbing and heating specialists have been tenants at Marley Way for a number of years and have taken the opportunity to secure the newly refurbished unit at a new estate headline rent of £49,500 pa which equates to £12.50 per sq ft.
Marley Way has recently undergone a substantial refurbishment which included a complete external overhaul to reposition the asset from a tired, secondary industrial location to a prime trade/retail pitch and is now home to a number of national occupiers including Toolstation, Tile Giant, GSF, Grahams, Rexel, B&Q and Homebase .
This latest deal frees up further space on the terrace with both Units G1 and G2 currently undergoing comprehensive refurbishments prior to being brought to the market.
Investment Surveyor Andrew Scott comments “We are delighted to have extended Banbury Heatings stay at Marley Way in a move which not only provides them with a top quality unit to continue to grow their business, but will also allow us to bring circa 6,500 sq ft of much needed trade space to the local market. We are already in discussions with other national occupiers about the vacant space and look forward to formally bringing it to the market over the next few days.”
For further information on the vacant units, please contact our letting agents Rapleys or White Commercial.
