Unit 16 Castle Quay Shopping Centre

Overview

ID: #3555
Price: £ 52,500 pax
Type: A1
Contract: Leasehold
Location: Banbury

Location

Castle Quay is Banbury’s principle retail destination benefiting from over 80 shops and restaurants. It is anchored by Debenhams and Marks & Spencer with national retailers including NextH and MBootsWaterstones and Pandora.

Unit 16 is located in Castle Quay Mall close to the entrance to Marks and Spencer. Nearby retailers include Boots Opticians and Ernest Jones.


Accommodation

The property is arranged over ground and first floors and has the following approximate floor areas:

Ground Floor: 947 sq ft  (87.95 sq m)

First Floor Ancillary: 446 sq ft (41.4 sq m)


Terms

The premises are available by way of a new effectively full repairing and insuring lease, subject to 5 yearly rent reviews.


Service Charge

£8,568 per annum, subject to variation.


Rates

We understand that the premises are assessed for rating purposes as follows, although interested parties are advised to make their own enquiries with the local authority to confirm rates payable and whether any transitional relief applies.

Rateable Value: £28,750

Rates Payable: £13,771


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