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INVESTMENT HIGHLIGHTS
- Good road connections
- Amenities nearby
- High footfall area
EXECUTIVE SUMMARY
The property is positioned prominently along the White Lion Shopping Walk, located just off the High Street and within the pedestrianised area of the town. Banbury’s modern Castle Quay shopping centre is just a short walk away, which has been subject to significant expansion, including a new cinema, hotel, food retailing scheme and ‘Lock 29’ artisan market. Banbury is the principle commercial and administrative centre of north Oxfordshire, located at Junction 11 of the M40 London to Birmingham Motorway and is a rapidly expanding town with a population of 54,335 (2021 census) and a district population of approximately 160,000.
Ground and First Floor Retail Premises with Residential Development Potential The accommodation comprises a characterful end of terrace ground and first floor self-contained retailing unit, formerly occupied as a bookshop. The building also forms part of the Grade II listing of the former White Lion Hotel and is situated within the conservation area of Banbury Town Centre. There are two separate accesses to the premises at ground floor, with the upper floors providing open plan ancillary office/storage/retail space; further providing a kitchenette and WC. There are also notably 2 allocated car parking spaces. We consider that the first floor of the premises has good residential conversion potential, subject to obtaining the relevant planning permissions/consents.
Characterful end of terrace self contained retail unit Grade II Listed and situated within the conservation area of the town Two separate accesses to the property at ground floor Two parking spaces Retail to ground floor with office/retail/storage to first floor Conversion potential subject to relevant planning permissions
Ground and First Floor Retail Premises with Residential Development Potential The accommodation comprises a characterful end of terrace ground and first floor self-contained retailing unit, formerly occupied as a bookshop. The building also forms part of the Grade II listing of the former White Lion Hotel and is situated within the conservation area of Banbury Town Centre. There are two separate accesses to the premises at ground floor, with the upper floors providing open plan ancillary office/storage/retail space; further providing a kitchenette and WC. There are also notably 2 allocated car parking spaces. We consider that the first floor of the premises has good residential conversion potential, subject to obtaining the relevant planning permissions/consents.
Characterful end of terrace self contained retail unit Grade II Listed and situated within the conservation area of the town Two separate accesses to the property at ground floor Two parking spaces Retail to ground floor with office/retail/storage to first floor Conversion potential subject to relevant planning permissions
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Size
1,474 sq ft
Year Built
1950
Price
£180,000
Price per sq ft
£122.12
Tenancy
Single
Number of Floors
2
Plot ratio
1.49
Total Plot Size
0.02 ac
Parking
6 Spaces (4.07 Spaces per 1,000 sq ft Leased)
Frontage
54 ft on White Lion Shopping Walk
AMENITIES
- 24 Hour Access
- Accent Lighting
- EPC - C
- Storage Space
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NEARBY MAJOR RETAILERS
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4 White Lion Walk
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