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FREEHOLD FOR SALE

4/5 SOUTHAM ROAD, BANBURY, OX16 2ED

The Property

 

Ground floor commercial unit with a self-contained 2-bed duplex apartment above. The property is located on the busy Southam Road, approaching the town centre.  It is adjacent to the Three Pigeons pub.    

At ground floor there are three interconnecting office spaces with a WC and kitchenette. The apartment is accessed from Southam Road, with its own front door with hallway and staircase to the first floor.  The apartment comprises a living room and kitchen at first floor, with 2 bedrooms and a bathroom at second floor.  There is electric heating.  The apartment has been recently renovated and the kitchen and bathroom fittings are modern.

 

Leases

The commercial unit, a former solicitors office and a micro pub, is currently vacant.  There is no lease.

The apartment is leased on an Assured Shorthold Tenancy at a rent of £795 per month.    

 

The commercial unit has a C rating energy performance certificate.

The apartment is exempt.

 

Accommodation:

Floor AreasDetailsSquare Feet
Commercial (net internal)
49.33 sq m
531 sq ft
Apartment (gross internal)
71.53 sq m
770 sq ft

Location

Banbury is a busy and growing commercial centre in North Oxfordshire with a population approaching 50,000.  It has excellent communication links situated on the M40 and with fast rail links to London and Birmingham - which is helping fuel its growth.  The town centre is full of historic buildings with a range of shops both national and independent, professional services and a strong hospitality sector.  The Council’s purchase of the shopping centre and the development of a new leisure scheme which has recently opened adjacent to the canal has provided a further boost for the town.  Banbury is popular for town centre living with conversions or new build schemes taking place - increasing the town’s residents.

Pricing

Freehold for sale at £250,000

Contact Neil Wild

01295 983 333

44 South Bar Street
Banbury
Oxon OX16 9AB

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