2b/c Burgess Sq 10,500 sq ft Retail Property Brackley NN13 7FA £550,000 (£52.38/sq ft)

Brackley is located on the A43, providing direct access to both the M40 and M1 motorways. The town has a population of around 16,000 (2021 census) and is well connected to nearby centres of Banbury, Bicester, and Oxford.
The property is prominently located in the heart of the town, close to the Market Place and Brackley Town Hall. This central position places the premises within easy reach of various local shops, cafés, and amenities, with nearby occupiers including Costa Coffee, Subway, Waitrose, Bar 212, and a wide range of independent retailers.
The premises comprises a large ground floor unit with separate storage/stock areas; previously leased to ‘The Co-Op’. The store is situated within the Burgess Square commercial and residential development in the centre of Brackley. Plans of the accommodation are available from White Commercial.
We understand that all main services are provided to the property, including gas. None of these services have been tested by the agents.
Terms & VAT
The Long Leasehold interest of the property is available for sale (250 years from 12th October 2012) with offers invited in the region of £550,000, or alternatively the unit is available on a new effective full repairing lease, with terms to be agreed, subject to contract at a rent of £55,000 per annum. We are advised that VAT will be payable in addition.
Service Charge
We are advised that there is a service charge payable which includes the cleaning and maintenance of the communal areas of Burgess Square. Full details and a copy of the budget are available from White Commercial.
Business Rates
The Rateable Value for the property is £62,000 per annum. This is not what you pay. Further information is available via the gov.uk website or West Northants Council.
Viewing and Further Information
Please contact Chris White & Harvey White.