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Cotehill House / 43-45 & 45a Molyneux Drive Bodicote, Banbury, Oxfordshire
4,045 sq. ft. (375.79 sq. m.)
For the Freehold
£1,200,000
Investment
  • For Sale by Private Treaty
  • Located centrally in a popular residential area
  • Commercial and residential units fully let
  • Management opportunity/rental growth

Multi-let Investment Opportunity in the Residential area of Bodicote, Banbury

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About this property

Detailed Description

Cotehill House is a three-storey building built after the 1980's and is of brick and blockwork construction under a pitched tiled roof. The property comprises a ground floor retail (Londis) known as 43-45 Molyneux Drive with 4 residential flats above which are known as Cotehill House and 1 residential maisonette known as 45a Molyneux Drive. There are multiple access points from both front and rear elevations. There is a yard with garages and parking area to the rear of the property. Unit details are shown in the table above.

Location

The property is located in residential area of Bodicote, a well connected village on the southern edge of Banbury. Bodicote benefits from its proximity to Banbury town centre which provides good connections to the M40 motorway Junction 11. Excellent road communications via the motorway systems to London (70 miles south) and Birmingham (40 miles north). Oxford is approximately 23 miles southeast. Banbury rail station is located approximately 2.5 miles from the property and provides frequent train service to London Marylebone and Birmingham.

Accommodation

See tenancy schedule for the property accommodation

Business Rates

The property may benefit from Small Business Rates Relief which may reduce the rates payable. Please contact the agents for more information.

Services

We understand that all mains services is available to the property. We have not carried out tests on any of the services or appliances and interested parties should arrange their own tests to ensure these are in working order.

Viewing

Viewing is strictly by prior appointment only and for further information or to arrange a viewing please contact:

VAT

We understand that VAT is not applicable.

Legal Costs

Each party is to bear their own legal costs in this transaction.

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To arrange a viewing contact

6 Manor Park, Banbury, Oxfordshire, OX16 3TB

07971 974229

01295 273555

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