59 Parsons Street is a Grade II listed building, comprising an open plan ground floor retail unit with WC and kitchen facilities, with storage accommodation to the upper floors. The property is within easy walking distance of both bus and mainline train stations.
The property currently benefits from Class E use, meaning a wider variety of uses can be considered within the building. The property is available on a new fully repairing and insuring lease, subject to contract and terms agreed and we understand that VAT is not payable upon the rent.
Banbury is situated at Junction 11 of the London to Birmingham M40 and is the main North Oxfordshire centre for commerce and industry, with its population approaching 52,000 and a catchment of approximately 160,000. The town is undergoing significant commercial growth.
The property is positioned in a busy position on Parsons Street, situated within the pedestrianised area of the town.
Notably, Banbury’s modern Castle Quay shopping centre is just a short walk away and is currently subject to significant expansion, incorporating a new cinema, hotel, food retailing scheme and ‘Lock 29’ Artisan Market.