1 High Street, OX16

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Key Points

Summary

Ground Floor Retail Premises with Development Potential to Residential (subject to planning consent)

Description

The property is arranged over 4 storeys providing ground floor retailing space with front and side access, with the upper floors of the building providing good storage, welfare and ancillary accommodation. The premises is currently occupied by Shoe Zone Retail Ltd (lease expiry 31/03/2025).

We consider that the upper floors of the building have good potential for conversion to residential, subject to the relevant consents being obtained.

Location

The property occupies a prominent corner position at the junction of High Street and Broad Street in Banbury’s town centre. This busy pedestrian route linking the town centre, Market Square and Castle Quay Shopping Centre benefits from significant footfall as a result. Surrounding occupiers include Robert Dyas, Barclays Bank, Coventry Building Society, Café Nero, White Stuff and NatWest Bank.

Banbury is the principle commercial and administrative centre of north Oxfordshire, located at Junction 11 of the M40 London to Birmingham Motorway and is a rapidly expanding town with a population of 54,335 (2021 census) and a district population of approximately 160,000.

Availability_text

The accommodation comprises the following areas: