Banbury, OX16 5AQ
| Property Type | Development |
| Tenure | For Sale |
| Size | 0.40 Acres |
| Business Rates | £46,068.75 per sq ft |
| Service Charge | n/a |
| Energy Performance Rating | This property has been set as EPC exempt. Reason: Due for demolition |
The site, a former industrial unit equating to 17,527 sq ft requiring demolition, is considered suitable for an electric vehicle charging hub, subject to planning and power assessment. The site is available freehold with offers invited. VAT will be payable in addition.
The site comprises part of Cherwell District Councils regeneration of 64 acres known as Canalside in Banbury, which aims to provide 700 new homes and over 160,000 sq ft of Commercial accommodation. (see Policy Banbury 1 https://www.cherwell.gov.uk/info/83/local-plans/376/adopted-cherwell-local-plan-2011-2031-part-1) page 181.
The site is on the edge of the Town Centre fronting Swan Close Road, opposite Banbury’s Morrisons Superstore; a Shell petrol filling station, with the area being subject to major expansion both residentially and commercially.
Banbury Town Centre and Banbury Railway Station are within close proximity, with new main access/egress road to the Station and Transport Hub being adopted, passing the subject site.
Banbury is situated at Junction 11 of the London to Birmingham M40. The town has a population approaching 55,000 people and a catchment of approximately 268,000.
