COVID-19 – Important Auction Information
For Sale By Auction | 12:00, 15 September 2020 | Lot 78

2 Cherwell Street, Banbury, Oxfordshire, OX16 2BB

Sold £775,000

  • Residential Development
  • 27 Bedrooms
  • Tenure: Freehold

Call the team on 020 7625 9007 for more information

Auction Date

Tue 15/09/2020

Auction Time

12:00

Auction Venue

Live Stream Only

A Substantial Redevelopment Site Measuring Approximately 858 sq m (9,235 sq ft) Currently Comprising a Single Storey Detached Commercial Building. Offered with Planning Permission to Create a Mixed Use Development for 2 x Ground Floor Commercial Units and 19 x Self-Contained One & Two Bedroom Flats. The New Development will Provide 1,530 sq m (16,468 sq ft) of Commercial/Residential Space.

The property comprises two detached single storey buildings and a large car park (a former car showroom and forecourt).

Tenure

Freehold

Location

The property is situated in the heart of Banbury town centre. The open spaces of Peoples Park are within easy reach. Transport links are provided by Banbury rail station which is a 5 minute walk from the site.

Planning

Cherwell District Council granted full planning permission (Ref. No: 18/01569/F) on the 7th November 2019 for: 'Redevelopment of site for mixed use development comprising 19 apartments, commercial space and associated cycle and bin storage facilities' Further information available at www.cherwell.gov.uk/

Proposed Accommodation

2 x Commercial Units 11 x One Bedroom Flats 8 x Two Bedroom Flats

Services

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

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,200 inc VAT

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