The Property
19a PARSONS STREET,
BANBURY OX16 5LY
TOWN CENTRE SHOP
TO LEASE
Parsons Street is pedestrianised and runs from North Bar down to the Market Place.
The area has its own strong identity as part of Banbury Old Town which is a busy retail community with a good mix of speciality shops, cafes and bars.
The property is the large ground floor of a Grade II Listed building. It provides a large open plan area with a separate office/consulting room with kitchenette and toilet facility.
The property has these net internal floor areas;
Shop Depth: 25.77 metres
Average Internal Width: 4.70 metres
Shop Net Area: 148 sq m / 1,593 sq ft
Accommodation:
| Floor Areas | Details | Square Feet |
|---|---|---|
GROUND FLOOR | 1593 SQ FT |
Location
Banbury is a busy and growing commercial centre in North Oxfordshire with a population of 50,000. It has excellent communication links which is helping fuel its growth situated on the M40 and with fast rail links to London and Birmingham. The town centre is full of historic buildings with a range of shops both national and independent, professional services and a strong hospitality sector. Parsons Street is pedestrianised and runs from North Bar down to the Market Place. The area has its own strong identity as part of Banbury Old Town which is a busy retail community with a good mix of speciality shops, cafes and bars.
Pricing
The premises are available on a new lease at a rent of £15,000 p.a. exclusive. The landlord does NOT charge VAT. The property has a RV of £13,750 which means there is some allowance and reductions due to the Small Business Rates Relief scheme. The property also benefits from the Government’s Retail and Hospitality Relief scheme. Allowing for these reliefs we estimate for the year to March 2026 the annual rates payable would be approx. £2,500.
Contact Neil Wild
44 South Bar Street
Banbury
Oxon OX16 9AB
Email: