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New Convinience Store Premises

Southam Road, Banbury, OX16 1ST

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Property Type Retail
Tenure To Let
Size 4,915 sq ft
Rent £60,000 per annum
Business Rates £6.78 per sq ft Estimated RV as will be assessed when complete
Service Charge £1,012.96 per annum
Energy Performance Rating This property has been set as EPC exempt.
Reason: Currently being constructed or undergoing major refurbishment

New Convinience Store Premises 4,915 Sq Ft Available For Lease

Key Points

  • New ground floor Convenience Store with lower ground floor goods access and storage
  • Prominent roadside position on Southam Road (A423)
  • Benefitting from strong passing vehicular traffic
  • Surrounded by substantial new and modern residential developments
  • Approximately 9,300–10,600 average daily traffic on Southam Road

Description

The property comprises a new ground floor Convenience Store with lower ground floor goods access and storage both connected via a lift.

The surrounding area comprises substantial new and modern residential developments recently built and expanding Banbury Northwards. The site is also opposite Banbury Office Village and Cherwell Business Village, all providing a consistent local customer base for the retail convenience store.

The convenience store forms part of the Bournleigh residential development by Sanctuary Housing Association west of Southam Road, Banbury. The scheme is delivering over 90 new residential units, including affordable and shared ownership housing, creating a growing residential catchment for the area.

Location

This new unit occupies a prominent roadside position on Southam Road (A423), one of the principal arterial routes serving Banbury and the surrounding North Oxfordshire area, with convenient access to Banbury town centre, the M40 motorway (Junction 11) and the wider commercial districts of the town.

The premises benefit from strong passing vehicular traffic with link-flow data indicating traffic flows of approximately 9,300–10,600 average daily traffic on Southam Road. Several nearby bus routes also serve the locality.