Retail premises to let in Parsons Street, Banbury OX16

Key Points

Description

The premises comprise a recently renovated, self-contained, ground floor retailing unit benefitting from Class E use, meaning a wide variety of uses can be considered. Storage accommodation is provided to first floor, together with separate WC’s.

There is an access way to the right-hand side of the property providing an additional entrance to the unit, as well as access to a neighbouring flat. The cleaning of this accessway is to be the retail tenant’s responsibility for the duration of the lease.

The premises are available leasehold on an internal repairing lease with an annual contribution towards external building maintenance.

Location

The property is positioned towards the top of Parsons Street, situated within the pedestrianised area of the town and close by to North Bar Street, opposite a public car park. Banbury’s modern Castle Quay shopping centre is a short walk away, which has recently been expanded to include a cinema, hotel, food retail scheme and ‘Lock 29’ Artisan Market.

There are a wide variety of surrounding occupiers, including such names as Ladbrokes, The Thai Orchid Restaurant, Union Menswear, Banbury Counselling and Martin and Co Estate Agents.

Banbury is situated at Junction 11 of the London to Birmingham M40 and is the main North Oxfordshire centre for commerce and industry, with its population approaching 52,000 and a catchment of approximately 160,000. Banbury is undergoing significant commercial growth.