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4 White lion walk

Banbury, OX16 5UD

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Property Type Residential Conversion / Retail
Tenure For Sale
Size 1,474 sq ft
Price Offers in the region of £200,000
Business Rates £3.07 per sq ft
Service Charge £1,152.04 per annum
Energy Performance Rating This property has been graded as C (63)

Ground and First Floor Retail Premises with Residential Development Potential

Key Points

  • Characterful end of terrace self contained retail unit
  • Grade II Listed and situated within the conservation area of the town
  • Two separate accesses to the property at ground floor
  • Two parking spaces
  • Retail to ground floor with office/retail/storage to first floor
  • Conversion potential subject to relevant planning permissions

Description

The accommodation comprises a characterful end of terrace ground and first floor self-contained retailing unit, formerly occupied as a bookshop. The building also forms part of the Grade II listing of the former White Lion Hotel and is situated within the conservation area of Banbury Town Centre.

There are two separate accesses to the premises at ground floor, with the upper floors providing open plan ancillary office/storage/retail space; further providing a kitchenette and WC. There are also notably 2 allocated car parking spaces.

We consider that the first floor of the premises has good residential conversion potential, subject to obtaining the relevant planning permissions/consents.

Available area

The accommodation comprises the following areas:

Name sq ft sq m Availability
Ground - Retail 765 71.07 Available
1st - Storage 709 65.87 Available
Total 1,474 136.94

Location

The property is positioned prominently along the White Lion Shopping Walk, located just off the High Street and within the pedestrianised area of the town. Banbury’s modern Castle Quay shopping centre is just a short walk away, which has been subject to significant expansion, including a new cinema, hotel, food retailing scheme and ‘Lock 29’ artisan market.

Banbury is the principle commercial and administrative centre of north Oxfordshire, located at Junction 11 of the M40 London to Birmingham Motorway and is a rapidly expanding town with a population of 54,335 (2021 census) and a district population of approximately 160,000.