01295 983 333
TWO SHOPS AVAILABLE
8 & 9 WHITE LION WALK,
Banbury is a busy commercial centre in North Oxfordshire with a population of approx 45,000. It has
a strong and diverse economic base of industry, commerce and agriculture. The catchment population
includes the wealthy Cotswold towns and villages to the south and west of the town. Banbury’s
shopping profile enlarged significantly in 2000 with the opening of the extension to the Castle Quay
Centre widening the range and size of retailer represented as well as extending the town’s catchment.
Consequently there is a strong line up of retailer representation in the town centre including Marks
and Spencers (food and department store), Debenhams, H&M and Gap.
Banbury is popular for town centre living with a number of conversion or new build scheme having
taken place for apartments. The town has excellent communication links. The railway station is a 10
minute walk from the town centre with fast direct links to London Marylebone, Birmingham Mainline
Stations, Oxford, Reading and the South Coast. The town also benefits from being situated
immediately at Junction 11 of the M40.
White Lion Walk is a fully pedestrianised part of Banbury. It links the High Street with the Old Town
and includes a popular independent book shop, an emporium, salons and other specialist retailers.
There are two ground floor shops available both with excellent potential for shop window displays
with their return frontages onto the Walk and on to Church Walk. Each shop has a separate
The properties are the following approximate floor areas:
Unit 8: 500 sq ft
Unit 9: 1,000 sq ft
Each shop unit is available on a new lease.
Unit 8 £8,000 p.a.
Unit 9 £14,500 p.a.
There will be no VAT charged on the rent by the landlord. There will be a charge to the landlord for
the building insurance. The tenant will be expected to maintain the interior of the premises along
with the exterior of the shop front.
BUSINESS RATES & BID LEVY
The shops need to be separately assessed for Business Rates but the following represent our
expectation of the assessment for each unit:
Unit 8 £7,500 (estimated)
Unit 9 £12,000 (estimated)
The current rating assessment includes the first floor and so the current assessments need to be
altered. This figures are not the amounts payable. Subject to qualifying criteria a small business
would be eligible for Small Business Rates Relief (SBRR) meaning a 100% exemption will apply.
The tenant will be responsible for payment of the Levy for the Banbury BID. The BID is a newly
formed business organisation where funds collected are used for a range of initiatives to support the
town centre. https://banburybid.com/ The annual charge for unit 8 is expected to be £112.50 and
unit 9 at £180.00 (this is calculated at 1.50% of the Rateable Value each year).
ENERGY ERFORMANCE CERTIFICATE
Is available from Neil Wild
01295 983 333
Wild Property Consultancy gives notice to anyone who may read these particulars as follows; 1. These
particulars are prepared for the guidance of prospective purchasers / lessees. They are intended to give a fair
overall description of the property but are not intended to constitute part of an offer or contract. 2. Any
information contained herein is given in good faith but should not be relied upon as being a statement of
representation or fact. 3. Nothing in these particulars shall be deemed to be a statement that the property is
in good condition or otherwise nor that any services or facilities are in good order. 4. The photographs show
only certain parts and aspects of the property. Certain aspects may have changed since the photographs were
taken and it should not be assumed that the property remains precisely as displayed in the photographs. 5.
Any areas, measurements or distances referred to are approximate only. 6. Where there is a reference to the
fact that alterations have been carried out or that a particular use is made of any part of the property this is
not intended to be a statement that a necessary planning, building regulations or other consent has been
obtained and these matters must be verified by any intending purchaser/ lessee. 7. Descriptions of a property
are inevitably subjective and the descriptions contained therein are used in good faith as an opinion and not
by way of statement or fact.
Disclaimer. Property descriptions, images and related information displayed on this page are based on marketing materials found on the website registered to Wild Property Consultancy. Realla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Wild Property Consultancy for full details and further information.