Unit 49-50 Castle Quay Shopping Centre

Overview

ID: #3262
Price: £ 165,000 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 H&M, Boots, Waterstones and Pandora.


Situation

Unit 49-50 is situated in a prime position close to H&M and Debenhams, opposite Monsoon and Vodafone.


Accommodation

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

Ground Floor: 3,007 sq ft (279 sq m)

First Floor Ancillary: 4,266 sq ft (396 sq m)


Terms

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


Service Charge

£19,211 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.

Draft Rateable Value: £115,000

Rates Payable: £55,085

Parties should confirm all details with VOA to satisfy themselves of transitional figures.


 View PDF here

Map