Investment for sale

47 & 48-48a High Street, Banbury, OX16 5LA

Contact Agent

Call Agent 01295 271000

Marketed by

White Commercial Chartered Surveyors Banbury

49 Castle St, Banbury OX16 5NU

Properties for sale Properties to let

New

47 & 48-48a High Street, Banbury, OX16 5LA

1 of 11

£400,000

47 & 48-48a High Street, Banbury, OX16 5LA

3127 sq. ft (290.51 m²)

Contact Agent Call Agent 01295 271000

Key features

Centrally located within Banbury Town Centre
Current gross rental income of £36,000 per annum
Situated on Banbury High Street and within sight of the famous Banbury Cross
2x two-storey adjoining retail units which are fully let on separate leases
Ground floor retail areas with clinical/office/welfare space to first floors

Description

2x two-storey adjoining retail units which are fully let on separate leases. The units comprise ground floor retail areas with clinical/office/welfare space to first floors. There is an element of ‘flying freehold’ to first floor. The properties are being sold in combination subject to the leases held.
47 High Street is let to Roundford Limited on a lease term of 10 years from 01/07/2019 at a rent of £18,500 per annum. 48-48a High Street is let to Youdix Ltd on a lease term of 20 years from 25/11/2024 with a break at 25/11/2028. Rent £17,500 per annum. Full lease details are available from White Commercial.
Unit Name: b | 1791 sqft |
Unit Name: b | 1336 sqft |

Reference: 400933_sales

All commercial properties for sale in Banbury

Marketed by

White Commercial Chartered Surveyors Banbury

49 Castle St, Banbury OX16 5NU

Properties for sale Properties to let