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Agent's details

35-38 Parsons Street, Banbury, Oxfordshire, OX16 5NA

For sale: £290,000.00|Retail - High Street, Other, Retail, Other Property Types & Opportunities

Property details

FOR SALE£290,000.00
ADDRESS35-38 Parsons Street, Banbury, Oxfordshire, OX16 5NA
TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON3rd September 2022

Description

Rare Ground Floor Retail Unit and Ground Rent Investment



2 Retail Units and 8 Flats (ground rents)

Attractive lease terms

Total Rental Income £24,250 per annum

EPC Rating B-D

DETAILED DESCRIPTION

The property is arranged over two floors with both frontage to Parsons Street and rear access via courtyard. The ground floor is occupied by two retail units. There is a separate access to the residential parts of the upper floors which comprise 8 flats in total.

LOCATION

Banbury is the main North Oxfordshire town for industry and commerce and lies 2 miles from Junction 11 of the M40 motorway, linking London and Birmingham. Banbury has a population of about 54,000 and catchment area of about 256,000.

The property fronts onto Parsons Street which is part of the pedestrian centre of the town. There is a good mix of local and independent retailers, restaurant and leisure users within this sector of Banbury. ( Agency Pilot Software ref: 434142 )

Location

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Location: 35-38 Parsons Street, Banbury, Oxfordshire, OX16 5NA

Kings Sutton (0.5 miles)

Banbury (0.7 miles)

Heyford (9.8 miles)

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