The historic village of Bodicote has a resident population of 2,126 and is situated 2 miles south of the centre of Banbury.
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
- Open viewing 24 January 2024, 11.00am
- Closing date for offers 30 January 2024
- OIRO £375,000 + VAT
Location
The property is situated towards the western fringe of the village next to Bodicote church, surrounded by character residential properties.
Downloads
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.
Open Viewing
24 January 2024, 11.00am. For further information contact sole agents Drake & Company.
Closing Date
Our client has set a closing date for offers of 30 January 2024.
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
Closing Date
Our client has set a closing date for offers of 30 January 2024.
