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33-34 Bridge Street

Banbury, OX16 5PN

33-34 Bridge Street, Banbury, Investment For Sale - IMG-4174.jpg
33-34 Bridge Street, Banbury, Investment For Sale - IMG-4173.jpg
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33-34 Bridge Street, Banbury, Investment For Sale - IMG-4174.jpg
33-34 Bridge Street, Banbury, Investment For Sale - IMG-4173.jpg
33-34 Bridge Street, Banbury, Investment For Sale - IMG_9727.jpg
Property Type Investment
Tenure For Sale
Size 4,052 sq ft
Price Offers in the region of £295,000
Business Rates £5.02 per sq ft
Service Charge £1,000 per annum
Energy Performance Rating This property has been graded as B (50)

Investment For Sale: 4,052 sq ft Building - Let with current income of £53,750 per annum

Key Points

  • Centrally located within Banbury Town Centre
  • Landmark Grade 2 Listed semi-detached building
  • Let to Connells Estate Agents and Gill Cooke Personnel
  • Current rental income £53,750 per annum exclusive
  • Development potential subject to the usual consents

Description

The premises comprises a Grade II Listed three-storey building, currently occupied in part by Connells Estate Agents and the Recruitment Group. The ground floor is mainly open plan with perimeter offices.
The first floor comprises offices with the basement comprising kitchen, WC and storage accommodation. The second floor (previously offices) requires refurbishment.

The property is partly let to Connells Residential, on a term of six years from 5th March 2020 with the current rent of £13,750 per annum and to Gill Cooke Personnel at a current rent of £40,000 expiring January 2027 (and who have served notice to vacate). Full lease details are available from White Commercial.

Location

The premises comprises a Grade II Listed three-storey building, currently occupied in part by Connells Estate Agents and the Recruitment Group. The ground floor is mainly open plan with perimeter offices.
The first floor comprises offices with the basement comprising kitchen, WC and storage accommodation. The second floor (previously offices) requires refurbishment.