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COMMERCIAL PREMISES TO LET

67 BRIDGE STREET, BANBURY, OX16 5QF

The Property

Commercial premises to let located on Bridge Street in Banbury featuring a ground floor sales area and two further floors.

Banbury is a busy market town in North Oxfordshire with a population approaching 50,000. It has a strong and diverse economic base.

Bridge Street intersects the busy Cherwell Street with the property in a prominent corner position. The intersection is one of the busiest traffic spots in the town centre - so the property is highly visible to many passing vehicles as well as pedestrians going to / from the railway and to / from the residential area of Grimsbury.

The premises are available on a lease at a rent of £8,000 p.a. There is no VAT charged on the rent by the existing landlord.

The maximum lease term will be 5 years and the lease shall be contracted out of the Landlord and Tenant Act 1954.

Each party to pay their own legal costs.

In order to ensure that we achieve the best possible lease terms for our client, prospective lessee’s should be aware that the property will be marketed for a minimum period of six weeks from Monday 6th June 2022.

Sealed bid forms will be provided to any parties who wish to make an offer and they are to be returned to Wild Property Consultancy, 44 South Bar, Banbury, OX16 9AB.

The deadline for sealed bids will be announced in due course please note this may change subject to the vendor’s discretion.

There is a video of the inside of the property however physical viewings will take place on : 21st June, 27th June and 5th July.

Accommodation:

Floor AreasDetailsSquare Feet
GROUND FLOOR
26.38 SQ M
392 SQ FT
FIRST FLOOR
22.40 SQ M
241 SQ FT
SECOND FLOOR
23.16 SQ M
249 SQ FT
TOTAL
81.94 SQ M
882 SQ FT

Location

Banbury is a busy market town in North Oxfordshire with a population approaching 50,000. It has a strong and diverse economic base. The town has excellent communication links. The railway station is a 2 minute walk from the premises with fast direct links to London Marylebone, Birmingham Mainline Stations, Oxford, Reading and the South Coast. The town also benefits from being situated immediately at Junction 11 of the M40. Bridge Street intersects the busy Cherwell Street with the property in a prominent corner position. The intersection is one of the busiest traffic spots in the town centre - so the property is highly visible to many passing vehicles as well as pedestrians going to / from the railway and to / from the residential area of Grimsbury.  

Pricing

The premises are available on a lease at a rent of £8,000 p.a. There is no VAT charged on the rent by the existing landlord. The maximum lease term will be 5 years and the lease shall be contracted out of the Landlord and Tenant Act 1954. Each party to pay their own legal costs. The Rateable Value is £5,400 which means that subject to qualifying criteria a business would be eligible for small business rates relief (SBRR) which gives 100% exemption. Contact Cherwell District Council to verify this information on 01295 252535 or www.cherwell.gov.uk  

NEW LEASE AVAILABLE

Contact Neil Wild

01295 983 333

44 South Bar Street
Banbury
Oxon OX16 9AB

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