£220,000
Southam Road, Banbury, OX16
- 4 beds
£220,000
- 4 beds
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Northwood & Wild-Property are delighted to be working together to offer this town centre commercial premises together with duplex, two bedroom apartment.? We understand this is a listed building.
The commercial space on the ground floor has its own entrance and offers approx 55 square metres (cerca 600 sq foot) and was most recently been used as licensed premises but would make a versatile space for all sorts of businesses.
The central location has good footfall and very visible from passing traffic with lots of parking nearby.??
The upper two floors have been converted to a spacious duplex apartment with separate entrance and comprises of two double bedrooms, living room, separate kitchen, bathroom and ample storage.? The apartment is currently rented for 795 pcm with tenants in-situ with contract in place until January 2024.
EPC for commercial premises is a C rating.
The previous EPC rating for the residential apartment was an E rating at 42 in 2012 but currently has had an exemption.?
There is potential for a business to keep the rental income from the apartment and use the commercial premises - or alternatively there is scope to convert the property into an HMO subject to any necessary planning.
Council tax band: B, Tenure: Freehold, EPC rating: CYour estimated purchase costs
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