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COMMERCIAL

Parsons Street, Banbury, OX16

£270,000
Northwood, Banbury
PROPERTY TYPE

Commercial Property

BEDROOMS

3

BATHROOMS

1

SIZE

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FloorplanFloorplan
5

Key features

  • Residential & Commerical
  • Ground Floor Commercial
  • Separate Two Bedroom Apartment
  • Residential & Commercial
  • Current Business Trading Well
  • Investment Opportunity
  • Commerical Tenant In-Situ
  • Residential Tenant In-Situ
  • Can Live Above Business or Just Investment

Description

Northwood present this commercial & residential property with tenants in-situ.

Built around 1842 this property is offered freehold and in a great location in Banbury town centre and consists of the commercial ground floor and a two bedroom apartment with separate entrance above.

The ground floor is currently a thriving hairdressing salon and the current set-up is happy to continue as a hands off investment.  There is approx. 415 sq ft including a utility room to the rear.  The wiring was redone in 2007/8.

The apartment has its own entrance and is a well presented three bedroom apartment currently rented with tenant in-situ outside with a lovely terrace, kitchen breakfast room, living room.  The next floor has two bedrooms and the bathroom and then the top floor has a huge master bedroom.  We note the third bedroom is suitable for a cot room or dressing room due to limited space.  Approx 800 sq ft of living space in the apartment in total.

A great hands-off investment opportunity.

The current rent in the commercial is £625 and negotiable as is overdue a rent review as suits the current set-up.

The current residential rent is £925 pcm and also due a rent review as the market rent should be in the region of £1,000 upwards pcm.

So before any rent reviews we have an annual rental of £18,600.

EPC rating: C. Tenure: Freehold,

Parsons Street, Banbury, OX16

Approximate location
Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Banbury Station0.5 miles
  • Kings Sutton Station3.7 miles
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About Northwood, Banbury

20 High Street, Banbury, OX16 5EE
Industry affiliations:

Banbury's Award-Winning Property Experts

Located in the heart of Banbury on the High Street, our office stands as a testament to over 20 years of industry leadership and a steadfast commitment to exceptional client service. Our expertise has been formally recognized; we are proud to be the recipients of the British Property Award for Best Estate Agency in Banbury in 2022, 2023, and 2024, as well as the Best Lettings Agent in 2025.

Supported by a national network of over 85 offices, we provide a full range of residential sales and lettings services. What truly sets us apart is our dedication to our clients' success and peace of mind.

For Sellers: Our award-winning team makes the process simple and stress-free. We combine deep local market knowledge with a powerful national network to ensure your property gets maximum exposure and achieves the best possible price. From professional marketing to expert negotiation, we guide you every step of the way.

For Buyers: We are a passionate team of local experts who provide more than just professional guidance—we deliver a truly seamless and stress-free experience from start to finish.

We believe that every property transaction should be a positive journey. Trust us to handle your next move and discover why we are Banbury’s most trusted estate and letting agents.

Notes

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Disclaimer - Property reference P4413. 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 Northwood, 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.

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