White Commercial Surveyors, Banbury

47 48-48a High Street, Banbury, OX16 5LA

Offers in region of

£400,000

Size

3,127

Tenure

Freehold

EPC

Parking

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Primary use
High street retail
Other use(s)
Other
Frontage
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No floor / site plan

Key features

  • Two fully let retail properties - Roundford Limited and Youdix Ltd
  • Centrally located within Banbury Town Centre
  • Current gross rental income of £36,000 per annum
  • Situated on Banbury High Street and within sight of the famous Banbury Cross
  • 2x two-storey adjoining retail units which are fully let on separate leases
  • Ground floor retail areas with clinical/office/welfare space to first floors

Description

2x two-storey adjoining retail units which are fully let on separate leases. The units comprise ground floor retail areas with clinical/office/welfare space to first floors. There is an element of ‘flying freehold’ to first floor. The properties are being sold in combination subject to the leases held.

47 High Street is let to Roundford Limited on a lease term of 10 years from 01/07/2019 at a rent of £18,500 per annum. 48-48a High Street is let to Youdix Ltd on a lease term of 20 years from 25/11/2024 with a break at 25/11/2028. Rent £17,500 per annum. Full lease details are available from White Commercial.

Banbury is situated at Junction 11 of the London to Birmingham M40 Motorway and is a rapidly expanding town, with a population approaching 55,000 (2021 census) and an estimated catchment population of approximately 256,000.

The premises are situated on Banbury High Street and within sight of the famous ‘Banbury Cross’. Surrounding occupiers include Tesco Express, Anker and Partners, Cash Converters and Finders Keepers, among many others.
White Commercial Surveyors, Banbury

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Additional information
Service charge
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Business rates
£5
Use class
E
Listed building
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Energy performance certificate: D

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements
Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

47 48-48a High Street, Banbury, OX16 5LA

NEAREST STATIONS

National Rail

Banbury Station

0.46 miles

National Rail

Kings Sutton Station

3.69 miles

About White Commercial Surveyors, Banbury

White Commercial Surveyors, Banbury

White Commercial are independent Chartered Surveyors and commercial property consultants specialising in the sale, acquisition and development of commercial property across the M40, M1 and surrounding regions.

We advise landlords, investors, developers and occupiers across the office, industrial, retail and mixed-use sectors, with expertise in investment sales, development opportunities, land and vacant commercial premises.

With extensive local market knowledge and an established network across Oxfordshire, Buckinghamshire, Warwickshire and Northamptonshire, we provide practical, commercially focused advice from initial appraisal and marketing through to negotiation and completion.

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Disclaimer - Property reference 400933-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by White Commercial Surveyors, Banbury. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.