Retail Space for Lease
3A PARSONS STREET, BANBURY, OX16 5LW
The Property
Banbury town centre retail unit located within a busy retail community with a good mix of speciality shops, cafes and bars and situated immediately adjacent to the Castle Quay Shopping Centre. Includes kitchenette, w/c and retail sales area. Shared courtyard at the rear.
Accommodation:
Floor Areas | Details | Square Feet |
---|---|---|
Gross Frontage | 6 m | 19ft 6ins |
Shop Depth | 13.5 m (to the steps) | 44 ft (to the steps) |
Net Floor Area | 79.36 sq m | 854 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 which is helping fuel its growth situated on the M40 and with fast rail links to London and Birmingham. The town centre is full of historic buildings with a range of shops both national and independent, professional services and a strong hospitality sector. Parsons Street is pedestrianised and runs from North Bar down to the Market Place. The area has its own strong identity as part of Banbury Old Town which is a busy retail community with a good mix of speciality shops, cafes and bars and situated immediately adjacent to the Castle Quay Shopping Centre.
Pricing
The premises are available on a new lease at a rent of £14,000 p.a. plus VAT. The lease will be on an effective full repairing basis with with the demised premises extending to include the interior, together with shop front and any services exclusively serving the shop. Rights of access will be granted to the rear bin stores. A service charge expected to be in the region of £1,500 p.a. plus VAT would be payable representing a fair proportion of the costs incurred by the Landlord in the management, maintenance and repair of the external, structural and common parts and services. There will be a charge due to the landlord for the building insurance.
Contact Neil Wild
01295 983 333
44 South Bar Street
Banbury
Oxon OX16 9AB
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