About this property

Detailed Description

The property is a Grade II Listed Georgian building. The property benefits from an attractive frontage featuring two large arched display windows providing excellent natural light and comprises open plan retail area, WC, kitchenette facilities and access to rear bin store. The basement can be utilised as storage.

Location

Banbury 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 property is situated in a prominent position in Banbury Town Centre and sits amongst a range of national and independent retailers, professional occupiers, cafes and local amenities. The property also benefitting from strong pedestrian footfall and excellent visibility. High Street provides convenient access to public transport links, close proximity to car parking facilities and good connectivity to the wider road network.

Accommodation

The property has the following (approximate) net internal floor area.

Ground | 1,014 | 94.24
Basement | 1,010 | 93.86

Business Rates

Business rates will be the responsibility of the occupier. The Rateable value is £15,500 and we have estimated that the rates payable will be £8,463 per annum.

Services

Mains electricity water and drainage is connected. We have not carried out tests and interested parties should arrange their own tests.

Viewing

For further information or to arrange a viewing please contact:

VAT

We understand that VAT is applicable

Legal Costs

Each party to bear their own legal costs incurred in documenting the sale.

Terms

The retail space is available on a new fully repairing and insuring lease for a term to be agreed by negotiation at a rental of £17,500 per annum.