Retail Former bank premises to let in prominent position, 13 New Road, Oxford , OX1 1LG

New Road, Oxford OX1 1LG, UK

Facilities
  • 24 hr Access
  • Offices
  • Retail Use
Description

Former bank premises to let in prominent position at 13 New Road, Oxford.
LOCATION ­ OX1 1LG
The premises are situated close to the main entrance to the Westgate Shopping Centre. Oxford's established retailing provisions are located around High Street, Corn Market Street and Queen Street.
The premises are situated on New Road which forms a continuation of Queen Street.
DESCRIPTION
The demises comprises a 3 storey building, previously used as a bank on ground and first floors, with self­ contained office at second floor. The areas are as follows:
Ground floor: 2,173 sq ft 201.87 sq m
First floor office: 1,926 sq ft 178.93 sq m
Second floor office: 2,015 sq ft 197.78 sq m
LEASE DETAILS
The demise is held on effective full repairing and insuring lease for a term expiring 24 March 2023 and a rent passing of £200,000 pax.
TERMS
Offers are invited on assignment or sublet basis.
PLANNING
Previous use as a bank within A2 or any other use within Class E of the Use Classes Order 1987 (as amended) which includes former use classes A1 (shops), A2 (financial and professional services), A3 (restaurants and cafes), as well as part of D1 (nonresidential institutions) and D2 (assembly and leisure).
RATES
Ground floor Rateable Value: £149,000
Second floor Rateable Value: £24,250
UBR: 0.512
Interested parties should verify the actual rates payable with the local authority.
EPC
The unit has an Energy Performance Certificate
rating of D (78).
FEES
All parties to be responsible for their own professional and legal fees incurred.

Area
sq ft
Security Shutters
No
Use
A1 (Retail)
Location
City/Town Centre
Minimum Availability
12 Months
Price per annum
£Price on application
Location
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