The property is in a prime location, amongst occupiers such as; Gails Bakery, Tesco, Sainsbury's, Laura Ashley, Boots Opticians, Charles Clinkard Shoes, Moda In Pelle, and the like. The branch is a two storey red brick building beneath a pitched tiled roof. The ownership is split in two titles and includes land to the rear.
- Former Natwest Bank For Sale - Arranged over ground and first floors - Totalling 3,670 sq ft - The first floor has been sold on two long leaseholds (125 years) payiing a ground rent of £100 pa - Offers in excess of £1300,000 - The unit benefits from A2 use.
Natwest - Former For Sale in Banbury, Oxford
Type: General Retail, Retail - High Street, Retail
Location Situated in a prime location on George Street close to Gloucester Green Bus Station and the Worcester Street Car Park. George Street is home to a wide range of restaurants, bars and cafes. Other outlets in close proximity include:
Nandos, Giraffe, Banana Tree, Four Candles, Pizza Hut, Zizzi and Cote.
A 3-screen Odeon Cinema and The New Theatre are located on George Street and the Street provides direct access between Oxford City Train Station and the city centre.
The property is arranged over ground floor and basement and provides a fully fitted ground floor restaurant and ancillary accommodation at basement level.
The property affords the following approximate floor areas:
Ground Sales: 2,131 sq ft 197.98 sqm
Basement Ancillary: 1,692 sq ft 157.23 sqm
Total 3,823sq ft 355.21 sqm
Lease Our client holds the premises by way of an effective FRI lease for a term of 23 years from 27/011/2003 at a rent passing of £112,600 per annum. Subject to an upward only rent review with effect from 24/04/2021.
Premium Substantial offers invited for the benefit of our client’s valuable leasehold interest.
Please Contact Jonathan Thomas 01865 595143 Jonathan@jrbtcommercialproperty.co.uk
Lease for Sale - Busy City Centre Restaurant
Type: Pubs/Bars/Clubs, Restaurant/Cafes, General Retail, Retail - High Street, Licensed & Leisure, Retail
67-69 George Street, OX1 2BQGBOxfordOxfordshireOX1 2BQ67-69, George Street
The Cowley Road provides a lively and busy main route into Oxford from the East of the city. It has a vibrant student community and boasts a diverse range of independent and multiple retailers including Sainsbury's Local, Boots, Tesco Metro, Costa Coffee, KFC, Be At One and Brew Dog.
The property is located in a highly prominent corner position at the Junction of Cowley road with Circus street. Other occupiers in close proximity include:
Nando's, Atomic Burger, G&D's, Cape of Good Hope, Café Coco, Kazbar, Spiced Roots, Arbequina and Subway.
The property is arranged over ground floor only providing an exclusive bar and restaurant together with kitchen, customer WC facilities and extensive external seating area.
The property affords the following approximate net internal floor areas:
Sales/Kitchen Area 2,311 sq ft 214.69 sqm External Storage 298 sq ft 27.70 sqm
Rear Garden 923 sq ft 85.85 sqm
The property is held by way of a lease for a term of 20 years from 15/08/2007 at a current rent passing of £77,000 per annum exclusive. This lease incorporates an upward only rent review effective from 15/08/2022 to the higher of £84,700 or open market value.
Substantial offers invited for the benefit of our clients valuable leasehold interest.
LOCATION The thriving and expanding Market Town of Faringdon lies adjacent to the A420 between Oxford (19 miles) and Swindon (11 miles) in the county of Oxfordshire.
The property is located in the attractive Market Square which, together with a supermarket, bank and a wide variety of shops, is the historic retail centre of the town.
DESCRIPTION An end of terrace building with a ground floor shop, two/three first floor flats, one second floor flat and the potential (subject to planning) for further development at the rear.
ACCOMMODATION All areas are approximate and measured in accordance with the RICS Code of Practice.
GROUND FLOOR: A. Shop. Retail Area:-97.16 sq.m (1046 sq.ft). Frontage 5m ( 16’ 3”) B. Store 23.81 sq.m (256 sq.ft). C. Store/Redevelopment 48.18 sq.m (519 sq.ft) CELLAR: 138.14 sq.m (1487 sq.ft) FIRST FLOOR: D. Flats. One 2 bedroom flat. Two single bedroom flats (currently combined as one) E. Store/Redevelopment 35.65 sq.m (384 sq.ft) SECOND FLOOR: One 2 bedroom flat
TENURE The property is available freehold, subject to an Assured Shorthold Tenancy on one first floor flat and the second floor flat.
RATEABLE VALUE/COUNCIL TAX We understand the shop has a Rateable Value in the 2017 Rating List of £11,000. Small Business Relief may be available. Council Tax bandings are B.
LOCAL AUTHORITY Vale of White Horse District Council, Abbey House, Abingdon, Oxon OX14 3JN. Tel: 01235 520202
EPC The retail area has a rating of D and the flats are all a C rating. Reports available on request.
LEGAL COSTS Each party is to bear its own legal and surveyors’ costs.
VIEWING Strictly by appointment with the agent.
21 Market Place
Type: Retail, Flat, General Retail, Retail - High Street, Mixed Use, Residential, Other Property Types & Opportunities
21 Market Place, SN7 7HUGBFaringdonOxfordshireSN7 7HU21, Market Place