Nearby occupiers include Marks & Spencer, Debenhams, H&M, Next, WH Smith, Boots the Chemist
For the Seller's Legal Pack, please click the Property Documents tab below
Lot 7
Auction 13th October 2016
Rent £9,000 per Annum Exclusive
Status Sold
Price £111,000
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Squafre London W1H 7BG
On behalf of Insolvency Practitioners - Deloitte
Property Information
Location
Miles
23 miles north of Oxford, 40 miles south-east of Birmingham, 65 miles north-west of London
Roads
A422, A423, M40 (Junction 11)
Rail
Banbury Railway Station
Air
Birmingham International Airport
Situation
Banbury is a historic and popular Oxfordshire market town which lies just off the M40 between London and Birmingham. The property is prominently situated on the south side of Market Place close to its junction with the pedestrianised High Street and Bridge Street. The property is situated opposite Castle Quay Shopping Centre which houses retailers including Marks & Spencer, Debenhams, H&M, Next, WH Smith and Boots the Chemist. Other nearby occupiers include McDonald's, Poundland, Mothercare, Tony
& Guy and Caffè Nero.
Tenure
Freehold.
Location
Miles
23 miles north of Oxford, 40 miles south-east of Birmingham, 65 miles north-west of London
Roads
A422, A423, M40 (Junction 11)
Rail
Banbury Railway Station
Air
Birmingham International Airport
Situation
Banbury is a historic and popular Oxfordshire market town which lies just off the M40 between London and Birmingham. The property is prominently situated on the south side of Market Place close to its junction with the pedestrianised High Street and Bridge Street. The property is situated opposite Castle Quay Shopping Centre which houses retailers including Marks & Spencer, Debenhams, H&M, Next, WH Smith and Boots the Chemist. Other nearby occupiers include McDonald's, Poundland, Mothercare, Tony
& Guy and Caffè Nero.
Tenure
Freehold.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first, second and third floors.
NB: The adjoining properties 6, 7, 8 Market Place and 88c/89 &
90/91 High Street are to be offered in this catalogue.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the
purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
Completion Period
Six WeekCompletion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises ground floor retail accommodation with ancillary accommodation on the first, second and third floors.
NB: The adjoining properties 6, 7, 8 Market Place and 88c/89 &
90/91 High Street are to be offered in this catalogue.
VAT
VAT is applicable to this lot.
Note
This property is being marketed for sale on behalf of Insolvency Practitioners and therefore no warranties or guarantees in any respect, including VAT, can be given. The information in these particulars has been provided to the best of their knowledge but the
purchaser must rely solely upon their own enquiries. The Insolvency Practitioners are acting without personal liability.
Completion Period
Six WeekCompletion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Reversion
Ground First Second Third
Retail/Ancillary Ancillary WCs Ancillary
22.45 sq m 15.44 sq m 7.61 sq m 13.21 sq m
242 sq ft 166 sq ft 82 sq ft 142 sq ft
INDIVIDUAL (t/a Stitches)
6 years from 08/09/2011 on a full repairing and insuring lease
