8 High Street Banbury Oxfordshire OX16 5DZ

8 High Street
Banbury
Oxfordshire
OX16 5DZ

Freehold Retail and Residential Investment

Retail Unit Let to Ryman Limited
Ryman's in occupation since 2008
June 2025 Tenant Break Not Exercised
Includes 2 Self Contained Flats
Situated on Prime Pedestrianised Retailing Street
Attractive Oxfordshire Market Town
Retail Lease is outside of the Security of Tenure Provision of the Landlord & Tenant Act 1954
Neighbouring occupiers include Santander, Robert Dyas, Specsavers, Shoezone, The Works and Barclays

Lot
5
Auction
27th March 2025
Rent
£43,000 per Annum Exclusive
Status
Sold Post
Price
Auction Venue
Live Streamed Auction

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Freehold Retail and Residential Investment

Retail Unit Let to Ryman Limited
Ryman's in occupation since 2008
June 2025 Tenant Break Not Exercised
Includes 2 Self Contained Flats
Situated on Prime Pedestrianised Retailing Street
Attractive Oxfordshire Market Town
Retail Lease is outside of the Security of Tenure Provision of the Landlord & Tenant Act 1954
Neighbouring occupiers include Santander, Robert Dyas, Specsavers, Shoezone, The Works and Barclays

Lot 5
Auction 27th March 2025
Rent £43,000 per Annum Exclusive
Status Sold Post
Price
Sector
Retail, Residential
Auction Venue
Live Streamed Auction

Property Information

Location

Miles: 23 miles north of Oxford, 60 miles north-west of London, 45 miles south-east of Birmingham
Roads: A361, A422, M40 (Junction 11)
Rail: Banbury Railway Station
Air: Birmingham Airport, London Luton Airport

Situation

The property is prominently situated on the east side of pedestrianised High Street close to the major 60+ unit Castle Quay Shopping Centre, with occupiers including Boots, EE, JD and Premier Inn. Other neighbouring occupiers include Santander, Robert Dyas, Specsavers, Shoezone, The Works and Barclays.

Tenure

Freehold.

Location

Miles: 23 miles north of Oxford, 60 miles north-west of London, 45 miles south-east of Birmingham
Roads: A361, A422, M40 (Junction 11)
Rail: Banbury Railway Station
Air: Birmingham Airport, London Luton Airport

Situation

Tenure

Freehold.

Description

The property is an attractive mixed use building and comprises a retail unit on the ground floor and 2 self contained 2 bedroom flats on the first and second floors. The flats are separately accessed from the rear of the property via George Street.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Reversion
Ground	Retail	181.90	1958	RYMAN LIMITED (CRN 03007166) (3)	5 years from 10/06/2024	£17,500	09/06/2029
First	2 bedroom flat	-	-	AN INDIVIDUAL	Assured Shorthold Tenancy for a term of 12 Months from 26/02/2025	£13,200	-
Second	2 bedroom flats	-	-	AN INDIVIDUAL	Assured Shorthold Tenancy for a term of 12 Months from 28/12/2024	£12,300	-
Total Approximate Commercial Floor Area		181.90	1958			£43,000

(1) The floor areas stated above are those published by the Valuation Office Agency
(https://www.tax.service.gov.uk/business-rates-find/valuations/start/6477031000)
(2)The lease on the retail unit is outside of the Security of Tenure Provision of the 1954 Landlord & Tenant Act and there are no remaining breaks
(3) For the year ending 1st April 2023, Ryman Limited (CRN: 03007166),reported a Capital Turnover £107,595,000., Gross profit of £16,711,000. and Shareholder Funds of £50,785,000.. (Source: Annual Report and Financial Statements as published at Companies House 05/03/2025)

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.