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North Bar, Banbury
Guide price £300,000, 8 bedrooms, residential development, for sale

Key features

  • Development opportunity
  • Planning consent for five flats
  • Conversion of existing offices
  • Requirement to purchase further phases
  • Detailed drawings available
  • Full planning consent available
  • Very close to town centre
  • Walking distance of railway station

Property Description

A rare opportunity to acquire a town centre building currently used as offices with planning permission for conversion to five flats

Approximate distances
Banbury town centre 0.1 miles
Oxford 25 miles
Stratford upon Avon 18 miles
Leamington Spa 17 miles
Junction 11 (M40 motorway) 2 miles
Banbury railway station 0.8 miles

From Banbury Cross proceed in a northerly direction via Horsefair into North Bar. The property will be found on the right hand side set back from the main road.

BANBURY is conveniently located only two miles from Junction 11 of the M40, putting Oxford (23 miles), Birmingham (43 miles), London (78 miles) and of course the rest of the motorway network within easy reach. There are regular trains from Banbury to London Marylebone (55 mins) and Birmingham Snow Hill (55 mins). Birmingham International airport is 42 miles away for UK, European and New York flights. Some very attractive countryside surrounds and many places of historical interest are within easy reach.

The Property
A development opportunity for the conversion of existing offices to five flats. The existing building includes a period frontage with modern extension to the rear and is arranged on two floors. It is located in Banbury's Old Town District forming part of the town centre and is therefore within walking distance of all the amenities therein as well as the railway station and the new canalside development including cinema complex, restaurants, new supermarket and hotel currently under construction.

Attached are detailed plans and drawings for the development as well as details for the Planning Consent.

* Development opportunity for conversion of existing offices to five flats.

* Three two bedroom units including one duplex and two one bedroom flats. Three of the five have private entrance and all have an allocated parking space.

* Planning consent granted and accessible on Cherwell District Council with application numbers 20/00852/F and 20/00853/LB.

* The purchaser will be required to purchase further phases of the adjoining buildings when Planning Consent has been granted.

Mains electricity and drainage are connected.

Strictly by prior arrangement with the Sole Agents Anker & Partners.

Agent's note
All room dimensions show maximum approximate measurements unless stated to the contrary. Facts provided by the vendors of this property are not a warranty. Room sizes are approximate and rounded and should not be relied upon for carpets and furnishings. Any purchaser is advised to seek professional or specialist advice. The description herein is not designed to mislead, please feel free to speak with us regarding any aspect unclear before viewing.

Survey & Valuation
Should you decide to purchase elsewhere in the Banbury area (via another Estate Agent) do please bear in mind that our Partner Robert Moore is a Chartered Surveyor and he is able to undertake Building Surveys, Home Buyer Reports and Valuations for all purposes. Discounted fee terms are available when simultaneous mortgage valuation work is carried out.

A copy of the full Energy Performance Certificate is available on request.

Referral fees
Anker and Partners earn supplementary income from various sources relating to the provision, referral and introduction of services and products to our clients and customers. This may be in the form of a fixed fee or a percentage of a premium, fee or invoice. This is not done in all cases and use of these providers/suppliers is not mandatory. Clients are entirely free to choose their own products, services and providers. We declare this intention within our Terms of Business and by signing these documents our clients and customers confirm their agreement to us doing so.

"The team at Ankers were integral to us getting our property completion over the line prior to the stamp duty deadline. They chased solicitors on both sides, got the vendor involved where needed, and generally provided a pro-active, professional and friendly service!"
Ben May - Purchaser