Church Street, Banbury, Oxfordshire, OX15

LOCATION
The historic village of Bodicote has a resident population of 2,126 and is situated 2 miles south of the centre of Banbury. The property is situated towards the western fringe of the village next to Bodicote church, surrounded by character residential properties.

PROPERTY
A substantial character detached property built in 1702 comprising a large ground floor trading area with private accommodation spread over first and second floors plus a small yard, providing the following:

GROUND FLOOR Open plan to the front with several trading areas, rear dining room, disused barn, WC's and trade kitchen

FIRST FLOOR 5 rooms plus domestic kitchen

SECOND FLOOR 3 rooms

BASEMENT Cellar

EXTERNAL Delightful patio garden to the rear and a parking area

From our inspection, and digital mapping, the property provides the following areas:

APPROXIMATE AREA 4,035 sq ft / 374.8 sq m
LIMITED USE AREA(S) 152 sq ft / 14.1 sq m
TOTAL 4,187 sq ft / 388.9 sq m

TOTAL SITE AREA 0.085 acre / 343 sq m

NB: The above measurements are provided for guidance purposes only and no reliance should be placed upon them when making any offer and for the avoidance of doubt Drake & Company will not be liable for any losses howsoever arising in law as a result of the bidder placing any reliance on such measurements.

RATING ASSESSMENT
We have been verbally advised by the local rating authority that the rateable value is £13,300. Interested parties are advised to verify this figure with Cherwell District Council on O1295 227OOO.

RESIDENTIAL POTENTIAL
The property has excellent potential for residential conversion. It should be noted that the permitted use of the property is Class E, and therefore, in our opinion, the Permitted Development right (Class MA) applies which enables the conversion of Class E buildings to dwellings. The property is Grade II listed and is also situated in a conservation area.

LEGAL COSTS
Each party is to be responsible for their own legal costs incurred in the transaction.

TERMS
We are instructed to invite offers in the region of £375,000 for the benefit of our client's freehold interest with vacant possession. VAT will be charged, where applicable, at the prevailing rate.
All fixtures and fittings owned by the vendor at the property on the day of completion are included in the sale. However, no safety tests or inventory will be provided. Any items owned by third parties, such as beer raising equipment, are specifically excluded from the sale.

CLOSING DATE
Our client has set a closing date for offers of 30 January 2024.

OPEN VIEWING
24 January 2024, 11.00am. For further information please contact sole agents Drake & Company.