27, 28 & 28a Parsons Street, Banbury, Oxfordshire, OX16 5LY

RETAIL INVESTMENT/DEVELOPMENT OPPORTUNITY

27, 28 & 28a have frontage onto Parsons Street and is located in the Conservation Area of Banbury Town Centre. We understand that both properties are Listed Grade II Buildings.

No. 27 is tenanted and the accommodation comprises ground floor restaurant area with bar and kitchen to the rear, first floor wc facilities and store area. The second floor is utilised as storage and integral residential accommodation.

No. 28 & 28a is vacant and comprises ground floor retail area and kitchen area. The first and second floor were previously used as restaurant area/residential accommodation with wc facilities. There is a rear courtyard. The property is in need of modernisation.

There is a basement and the personnel access points are from Parsons Street. There is a communal entrance access to the rear yard
which is a shared emergency access point to both properties.

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.

Available for sale as one lot

No. 27 Freehold - subject to existing lease (Tenant/Business Unaffected)

No. 28 & 28a Freehold - vacant possession

Residential conversion opportunity (STP)