Let

5-6 Ruscote Arcade, Longelandes Way, Banbury, OX16 1PH

Unit 5-6 Ruscote Arcade comprises a prominent double fronted and mainly open plan retailing unit and externally, the property is served by a large car park, with adjacent off-road car parking. The property is available on a new fully repairing and insuring lease at £27,000 per annum exclusive, subject to contract and financial viability. We understand the premises are opted for taxation and as such VAT is chargeable. We understand that all mains services are connected to the premises, excluding gas. None of these services have been tested by the agents.

There is a service charge payable in connection with the shared areas of the site. A copy of the service charge budget is available upon request from White Commercial. The landlord will insure the premises and recover the premium from the tenant.

The property forms part of Ruscote Arcade shopping parade, comprising over 7,000 sq ft, situated off Longelandes Way and predominately serves the local neighbourhood area, mainly consisting of terraced housing. The site is also notably within walking distance of Banbury Cross Retail Park, an Aldi Supermarket, Tesco Extra Superstore, as well as a McDonalds on Beaumont Road. The shopping parade comprises occupiers including The Co-Operative, a Post Office, Ruscote Fishbar, Coral, Peking Chef Chinese Takeaway and a Community Centre.

Banbury is situated at Junction 11 of the London to Birmingham M40 and is the main North Oxfordshire centre for commerce and industry, with its population approaching 52,000 and a catchment of approximately 160,000.

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