Town Centre Commercial Property

share

bookmark

Town Centre Commercial Property

PLANNING PERMISSION FOR VARIETY OF USES INCLUDING RETAIL, OFFICES OR PROFESSIONAL POOL CLUB

Ground Floor Premises in Banbury Town Centre.

The previous occupier was a professional pool club with bar and on licence.

Permission for alternative uses.

The ground floor unit has excellent potential for window display with its return frontage onto the Walk and on to Church Walk. It has an approximate net floor area of 980 sq ft.

The unit is available on a new lease at £12,000 p.a. (£1,000 per month). NO VAT payable.

A deposit of three month’s rent is required. The tenant will be expected to maintain the interior of the premises along with the exterior of the shop front and be responsible for the utility costs. Two parking spaces are available by separate agreement.

The premises falls within the threshold for Small Business Rates Relief, it has a Rateable Value of £12,000. Subject to qualifying criteria a small business would be eligible for Small Business Rates Relief (SBRR) meaning a 100% exemption will apply. https://www.cherwell.gov.uk/info/191/business-rates/363/business-rates-reductions-and-relief/3