Retail property (high street)

The Grade II listed terraced property is arranged over three stories plus basement and is situated at the top of Banbury’s High Street and within the conservation area of the town. To ground floor is a bright retail unit benefiting from Class E use, together with a basement, which is currently used for storage. To first floor is an office and separate staff room and toilets, with storage to both second and third floors.  We consider there is potential for development of the upper floors to residential, subject to the relevant planning consents being obtained.

We understand all mains services are connected to the premises, excluding gas. None of these services have however been tested by the agents.

The premises are available freehold with full vacant possession. We are advised that VAT will not be payable in addition to the purchase price.

Banbury is situated at Junction 11 of the London to Birmingham M40. The town has a population approaching 50,000 and a catchment of approximately 160,000. Banbury is an expanding town with considerable new housing and commercial developments taking place.

The property is situated immediately adjacent to Banbury’s famous Banbury Cross, the focal point of the town’s business district.