Tel: 01295 983 333
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NEW CAFE AT PEOPLES PARK BANBURY

PEOPLES PARK, BANBURY

The Property

Representing Banbury Town Council

Banbury Town Council have substantially renovated and refurbished a building within Peoples Park to house a small cafe facility with space for outside seating.

Wild Property has been commissioned to identify a suitable operator to run the cafe and to lease the building.

 

The property will provide the required infrastructure for an operator to run a cafe, including the following features:


• Converted Victorian building with brand new facilities.
• Mains electric, water and drainage.
• Kitchen facilities.
• Bench seating for up to six persons.
• Double glazed doors accessing the patio.
• Space for up to 12 outside tables.
• Extra serving hatch for takeaways.
• Accessible WC.
• Storage and staff space.
• On site parking for the operator.

 

This creates an opportunity for a business or astute individual or group to take on the property via a lease agreement, paying rent to Banbury Town Council. The operator will be able to influence the style and brand of the business. There is also the opportunity of the café providing a wider service to the park. There are wider catering opportunities to take advantage of, as well as the building being capable of acting as a base for delivering take away food to the local residents.

 

All interested parties will need to view the property. We are scheduling specific dates for viewings and interested parties should contact us for more information.

An Invitation to Tender document will be issued for each party to prepare and submit their proposal.

There is no restriction on the type of organisation that could operate the building. This could be either a business or a not for profit/ social enterprise organisation, or any other type of organisation that is able to fulfil the aims and outcomes.

The operator is free to serve alcoholic drinks subject to obtaining the necessary licence from Cherwell District Council operating as licencing authority.

Planning permission for change of use of the building to a Café has already been granted. The operator will be expected to apply for any permissions necessary for signage.

The operator will be selected based on an equal weighting of (i) Quality & Community Value and (ii) Commercial Terms. The Invitation to Tender document will set out more details. The deadline for submission of the Invitation to Tender will be 11th
July. Following that a decision will be made by the Town Council leading to the completion of a lease agreement. It is likely the operator will be handed keys by the start of September.

 

Accommodation:

Floor AreasDetailsSquare Feet
Net Floor Area
32.5 SQM
350 SQ FT

Location

People’s Park is adjacent to the town centre and provides a lovely park environment. It is next to a large area of housing and has plenty of families and visitors enjoying the outdoor environment. The new cafe will be a welcome new facility and is situated to the edge of the park close to Warwick Road.

Pricing

The contract will be in a form of lease on the building with rights to use the outdoor patio. We expect the rent to be in the region of £500 per month, with the potential for an additional payment should annual turnover be above an agreed amount. The operator would be responsible for all outgoings relating to the building and facility, the upkeep and maintenance of the building and will need to provide all additional catering equipment and supplies necessary including tables and chairs, crockery, extra catering equipment and sundries. The length of the lease contract is to be agreed, to give ample time for the business to be established, with the option for an additional lease by mutual agreement. The property will be eligible for Small Business Rates Relief.

NEW LEASE AVAILABLE

Contact Neil Wild

01295 983 333

44 South Bar Street
Banbury
Oxon OX16 9AB

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Tel: 01295 983 333
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Wild Property Consultancy Ltd, 44 South Bar Street, Banbury, Oxon OX16 9AB
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