About this property

Detailed Description

The premises is a second floor suite accessed via a shared pedestrianised accessway directly off Parsons Street.

Internally, the accommodation provides predominately open plan space with two partitioned areas, benefitting from good natural
light and views over Parsons Street and North Bar Street. There is a kitchenette and wc facilities.

Location

Banbury is the main North Oxfordshire centre for commerce and industry, it lies approximately 2 miles from Junction 11 of the
London to Birmingham M40 Motorway. Banbury has a current population of 54,000 and a catchment area of 256,000 living within a 30 minute drive. The subject premises is situated in a prime position in Banbury Town Centre with walking distance of all amenities including Banbury Railway Station and bus station. Parsons Street is a busy pedestrianised retail area close to Banbury
Market Square and Castle Quay Shopping Centre.

Accommodation

The accommodation provides the following net internal floor area:

Offices - 97.50 sq m / 1,049 sq ft
Kitchenette - 5.66 sq m / 61 sq ft
Total NIA - 103.16 sq m / 1110 sq ft

Business Rates

The current Rateable Value for the second floor suite is £9,700. The premises may benefit from small business rates relief, subject
to the occupier fulfilling those requirements and it is the rates will be the responsibility of the occupier.

Services

We understand that the property is connected to mains electricity, water and drainage. We have not carried out tests of any of the
services or appliances and interested parties should arrange their own test to ensure these are in working order. Mains gas is not connected but is available in Parsons Street.

Viewing

Strictly by appointment with the sole letting agent:-

VAT

It is understood that VAT is not applicable.

Legal Costs

The ingoing tenant will be responsible for administrative costs of £750 plus VAT.

Terms

The suite is offered on a new lease for a term to be agreed at a rent of £6,500 per annum exclusive with tenant responsible for internal repairs and contributing a proportion to external repairs and common area maintenance, services and fire alarms. Flexible terms available.