For Sale By Auction | 08:45, 13 September 2023 | Lot 27

9 Parsons Street, Banbury, Oxfordshire, OX16 5LW

Sold £188,000

  • Retail Property (high street)
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Wed 13/09/2023

Auction Time

08:45

Auction Venue

Live Stream

Viewing Times:

Tue 12 Sep

11:00-11:30

A Mid Terrace Building Arranged to Provide a Ground Floor Retail Unit and Ancillary Accommodation Above. Fully Let to Cancer Research UK Producing £17,000 Per Annum

The property comprises amid terrace building arranged to provide a ground floor retail unit with ancillary accommodation above.

Tenure

Freehold

Location

The property is situated on a mixed use road close to local shops and amenities. The open spaces of People's Park are within easy reach. Transport links are provided by Banbury rail station.

Accommodation

Ground Floor Retail Unit First Floor Ancillary Space Second Floor Ancillary Space

Tenancy

The property is subject to an FRI lease until 25th December 2019 at a rent of £17,000 per annum (Holding Over). We understand Cancer Research UK have served a notice to be granted a new 5 year lease.

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Important Notice to Prospective Buyers:

We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,800 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

View Larger Map

Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.