36 Calthorpe Street, Banbury, Oxon, OX16 5EX

Investment for Sale

36 Calthorpe Street is a two-storey building and has been occupied by the Susan Taylor Dance Academy since 2004 – now being the only dance academy remaining within Banbury’s Town Centre.

The property is brick-built with a flat roof and has been subject to a single-storey extension by the tenant, extending the ground floor dance hall. The premises comprise a mainly open plan ground floor unit with WC and kitchen facilities, with a further open plan dance hall with WC to first floor.

The property is available freehold, with offers invited in excess of £165,000; subject to the lease held by Susan Taylor Dance Academy.  The lease is held on Full Repairing and Insuring terms to February 2034.  There is a rent review in February 2024 and 2029.

We understand that the premises are not opted for taxation and as such VAT will not be chargeable.

The property is positioned on Calthorpe Street, situated within the town centre just off the High Street and South Bar Street.  Banbury is situated at Junction 11 of the London to Birmingham M40, the main North Oxfordshire centre for commerce and industry, with its population approaching 52,000 and a catchment of approximately 160,000.  The town is undergoing significant commercial growth.

• Size (sq ft)
• 1656
• Tenure
• For Sale
• Availability
• Sold
• Address
• 36 Calthorpe Street, Banbury, Oxon, OX16 5EX
• Value
• Offers invited in excess of £165,000