Tel: 01295 983 333

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Freehold for Sale

15 CHURCH LANE, BANBURY, OX15 5LS

The Property

Freehold For Sale - 15 Church Lane Banbury OX16 5LS

Ground Floor Shop and Two Apartments.

The Apartments are leased and income producing.

Ground Floor shop has a kitchen and extraction ideal for café business.

Offers in excess of £375,000, subject to contract.

The property was refurbished in 2019 to provide a ground floor commercial unit with basement and via a separate access, two apartments at first and second floor. The property is not listed but is within a conservation area.

The commercial unit is vacant, providing an excellent opportunity for a hot food business with seating for up to 26 covers. There is a large cooker hood and extraction unit with ducting to the outside of the building.

There is a one bed apartment on the first floor and a two bed apartment at second floor. These are income producing via Assured Shorthold Tenancies. There is an entrance to these two apartments from Church Lane and they are fully self contained.

The ground floor has a gas supply. The apartments are heated via electric radiators.

Floor plans are available on request.

The property is for sale freehold. It is being sold subject to the two tenancies on the apartments and with vacant possession of the ground floor and basement.

The apartments are each held on Assured Shorthold Tenancies.

Flat 1: £695 per month

Flat 2: £780 per month

Accommodation:

Floor Areas	Details	Square Feet
Commercial Unit with Kitchen	47.68 sq m	513 sq ft
Basement	25.62 sq m	276 sq ft
1st Floor Apt (1 bed)	46.54 sq m	501 sq ft
2nd Floor Apt (2 bed)	48.17 sq m	519 sq ft
Total	168.01 sq m	1,809 sq ft

Location

Banbury is a busy and growing commercial centre in North Oxfordshire with a population approaching 50,000. It has excellent communication links situated on the M40 and with fast rail links to London and Birmingham - which is helping fuel its growth. The town centre is full of historic buildings with a range of shops both national and independent, professional services and a strong hospitality sector. The Council’s purchase of the shopping centre and the development of a new leisure scheme which has recently opened adjacent to the canal has provided a further boost for the town. Banbury is popular for town centre living with conversions or new build schemes taking place - increasing the town’s residents. This section of the town centre is pedestrianised.

Pricing

Offers in excess of £375,000, subject to contract. The seller has not opted to tax and so the sale is VAT exempt.

Contact Neil Wild

01295 983 333

44 South Bar Street
Banbury
Oxon OX16 9AB

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Brochure