Investment For Sale, Banbury, Oxfordshire
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Property ID: 159218
£400,000 Freehold
47 & 48-48a High Street, Banbury, Oxfordshire, OX16 5LA
Type
Investment
Status
Available
Size
3,127 sq ft / 291 sq m
Key Features
- Two fully let retail properties - Roundford Limited and Youdix Ltd
- 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
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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.
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.
Location
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