19 High St 1,248 SF 100% Leased Retail Building Banbury OX16 5EE For Sale

Banbury is situated at Junction 11 of the London to Birmingham M40 Motorway and is a rapidly expanding town, with a population approaching 55,000 (2021 census) and an estimated catchment population of approximately 256,000. The premises are situated within Banbury Town Centre within the pedestrianised area of the High Street, close to Tesco Express and Café Veneto.
Town Centre Investment For Sale with Current Rental Income of £22,500 per annum The premises comprises a three-storey building, currently occupied by the Leeds Building Society. The ground floor is mainly open plan with perimeter offices. The first and second floor comprises offices with the basement providing storage accommodation. The property is entirely let to Leeds Building Society, on a term of ten years from 19 March 2017 until 18 March 2027 with the current rent of £22,500 per annum. Full lease details are available from White Commercial.
Centrally located within Banbury Town Centre Let to the Leeds Building Society on a lease expiring March 2027 1,522 sq ft town centre property 5 yearly rent reviews Development potential subject to the usual consents Inspections will need 10 days notice and all parties will need to bring a current passport.