1 Church Street, Bodicote, BANBURY, OX15 4DW

FORMER RESTAURANT FOR SALE

OIRO £375,000 + VAT

Summary

  • Grade II Listed property with a patio garden
  • Central location in a desirable village
  • Prominently situated
  • Residential conversion potential
  • OIRO £375,000 + VAT

Location

The historic village of Bodicote has a resident population of 2,126 and is situated 2 miles south of the centre of Banbury.

The property is situated towards the western fringe of the village next to Bodicote church, surrounded by character residential properties.

Property

A substantial character detached property built in 1702 comprising a large ground floor trading area with private accommodation spread over first and second floors plus a small yard, providing the following:

  • Ground Floor Open plan to the front with several trading areas, rear dining room, disused barn, WC’s and trade kitchen
  • First Floor 5 rooms plus domestic kitchen
  • Second Floor 3 rooms
  • Basement Cellar
  • External Delightful patio garden to the rear and a parking area

From our inspection and digital mapping the property provides the following areas:

  • Approximate Area               374.8 sq m       4,035 sq ft
  • Limited Use Area(s)               14.1 sq m          152 sq ft
  • Total                                     388.9 sq m      4,187 sq ft
  • Total Site Area                     0.085 acre        343 sq m

Residential Potential

The property has excellent potential for residential conversion. It should be noted that the permitted use of the property is Class E, and therefore, in our opinion, the Permitted Development right (Class MA) applies which enables the conversion of Class E buildings to dwellings. The property is Grade II listed and is also situated in a conservation area.

Terms

We are instructed to invite offers in the region of £375,000 for the benefit of our client’s freehold interest with vacant possession.

VAT will be charged, where applicable, at the prevailing rate.

All fixtures and fittings owned by the vendor at the property on the day of completion are included in the sale. However, no safety tests or inventory will be provided.

Any items owned by third parties, such as beer raising equipment, are specifically excluded from the sale.

Viewing

For further information or an appointment to view contact sole agents Drake & Company.

Rating Assessment

We have been verbally advised by the local rating authority that the rateable value is £13,300. Interested parties are advised to verify this figure with Cherwell District Council on 01295 227000.

Legal Costs

Each party is to be responsible for their own legal costs incurred in the transaction.

Virtual Viewing

For further information contact sole agents - 020 7495 7500