TYPERetail - High Street, Other, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON3rd September 2022
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
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.
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 )