Unit 57 Castle Quay Shopping Centre

Overview

ID: #1647
Price: £ 95,000 pax
Type: A1
Contract: Leasehold
Location: Banbury
Area: 287m2

Location

Castle Quay is Banbury’s principle retail destination benefiting from over 80 shops and restaurants. It is anchored by Debenhams, Marks & Spencer  with national retailers including Next, H and M, Boots, Waterstones and Pandora.

Unit 57 is situated in a prime position opposite Next with other nearby retailers including Thorntons, Accessorize and JD Sports.


Accommodation

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

Ground Floor: 1,598 sq ft (148.46 sq m)

First Floor Ancillary: 1,499 sq ft (139.26 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

£11,226 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: £58,500

Rates Payable: £28,022


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