About this property

Detailed Description

The property is well located on the High Street in the centre of Adderbury Village and comprises a 3 storey double fronted building of Hornton Stone construction under a pitched roof. The ground floor retail area is currently let as a convenience store and the first floor area is let to hairdressers. Second floor comprises of two rooms which is currently used as storage area. There is potential for conversion to residential use (STP). The property has the following features:-

* Double glass frontage
* Two front access pedestrian doors
* Small rear yard
* WC, kitchenette and storage area to ground floor
* WC and staff area on first floor
* Separate electricity supplies

Location

Banbury is the main North Oxfordshire centre for commerce and industry, it lies approximately 2 miles from Junction 11 of the London to Birmingham M40 Motorway. Banbury has a current population of 54,000 and a catchment area of 256,000 living within a 30 minute drive.

The property is located 3 miles south of Banbury and 22 miles north of Oxford City Centre in the centre of the attractive village of Adderbury with excellent access to both junctions 10 and 11 of the M40 and the nearest train station is within Banbury. The village benefits from local businesses such as coffee house, post office, veterinary surgery and public houses.

Accommodation

The property has the following (approximate) net internal floor area.

Ground floor - 63.2 sq m / 680.14 sq ft
First floor - 48.54 sq m / 522.30 sq ft
Second floor - 43.62 sq m / 469.35 sq ft

Business Rates

The current Rateable Value for the property is as follows:

Ground floor - £10,000 per annum
First floor - £5,500 per annum

Services

We understand that the property is connected to mains electricity, water and sewerage. We have not carried out tests on any of the services or appliances and interested parties should arrange their own test to ensure these are in working order.

Viewing

Strictly by appointment with the Selling Agent.

VAT

It is understood that VAT is not applicable.

Legal Costs

Each party will be responsible for their own legal costs incurred in documenting the sale.

Terms

The property is offered for sale with a guide price of £245,000. Copies of the leases will be made available to verified applicants on a confidential basis.