FREEHOLD FOR SALE WITH VACANT POSSESION
Potential Development Opportunity (STP)

LOCATION
Banbury is a historic market town on the River Cherwell in North Oxfordshire on the boundaries of East and West Midlands in close proximity to Milton Keynes and Northampton with cultural links to neighbouring Stratford-Upon Avon, Leamington Spa and Oxford.

The subject premises are located in the heart of the town on the North side of this busy High Street opposite the junction with Marlborough Road and 50m to the west of the pedestrianized High Street.

Nearby tenants comprise a mixture of independent and national operators including Ryman, The Works, Robert Dyas, Savers, Barclays, Ladbrokes, Subway and Tesco Express.

PRICE
Offers invited in excess of £325,000 for the freehold of the entire with Vacant Possession. STPP there is strong redevelopment potential and to utilize the rear yard.

ACCOMMODATION
The premises are arranged over ground, 1st, 2nd and 3rd floors together with large rear yard with the following approximate floor areas:

Ground Floor                     1,719 sq ft /   159.70 sq m
1st Floor Stock / Staff       607  sq ft  /  56.39 sq m

2nd Floor Stock / Staff      749 sq ft / 69.58 sq m
3rd Floor Ancillary             164 sq ft  /  15.24 sq m

Basement Anc                     Unmeasured
Rear Yard                             Unmeasured

RATES 2024/25
Rateable Value:                                              £23,250
Rates payable (UBR multiplier: £0.499):   £11,602

VIEWING
By appointment with sole agents Stephen Kane & Company.

Alex Robinson ar@stephenkane.co.uk | 07595 715 757
Jonathan Cowan jsc@stephenkane.co.uk | 07973 619 090
Joel Fraser jf@stephenkane.co.uk | 07879 626 323

Marketing Details