Unit 55 Castle Quay Shopping Centre

Overview

ID: #2616
Price: £ 28,000 pax
Type: A1
Contract: Leasehold
Location: Banbury
Area: 69.7m2

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 Next,  H&M, Boots, Waterstones and Pandora.


Situation

Unit 55 is situated in a prime position opposite H&M and Debenhams with other nearby retailers including HMV, Next and Carphone Warehouse.


Accommodation

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

Ground Floor: 315 sq ft (29.3 sq m)

First Floor Ancillary: 435 sq ft (40.4 sq m)

NB. First Floor ancillary space not self-contained, accessed via a shared staircase.


Terms

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


Service Charge

£3,050 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: £18,250

Rates Payable: £8,742


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