Unit 68 Castle Quay Shopping Centre

Overview

ID: #3134
Price: £ 137,500 pax
Type: A1
Contract: Leasehold
Location: Banbury
Area: 510.4m2

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 68 is situated in a prime position adjacent to Costa Coffee and opposite Tiger and Holland & Barrett.


Accommodation

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

Ground Floor: 2,582 sq ft (240 sq m)

First Floor: 1,924 sq ft (178.8 sq m)

First Floor Ancillary: 986 sq ft (91.6 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

£18,521 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: £99,500

Rates Payable: £47,660


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