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COACH MEWS, LONDON YARD, OFF PARSONS ST BANBURY OX16 5LZ FOR SALE £375,000 Immaculately Presented Three Bedroom Former Coach House, with Integral Double Garage and Ground Floor Dance School. • Rare Freehold Opportunity • Town Centre Location, Extremely Well Appointed • Approximately 2,125 sq ft. (197.5 sq m) • Development Potential • EPC – Band D 01295 273555 [email protected]

Coach Mews Parsons Street Banburymr2.homeflow.co.uk/files/property_asset/image/3130/1828/open-uri... · COACH MEWS, LONDON YARD, OFF PARSONS ST BANBURY OX16 5LZ FOR SALE £375,000

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  • COACH MEWS, LONDON YARD, OFF PARSONS ST BANBURY OX16 5LZ

    FOR SALE £375,000 Immaculately Presented Three Bedroom Former Coach House, with Integral Double Garage and Ground Floor Dance School. • Rare Freehold Opportunity • Town Centre Location, Extremely Well Appointed • Approximately 2,125 sq ft. (197.5 sq m) • Development Potential • EPC – Band D

    01295 273555 [email protected]

  • Printed by Ravensworth 01670 713330

    IMPORTANT NOTICES Brown & Co for themselves and for the Vendors or Lessors of this Property give notice that: 1. These particulars are intended to give a fair and accurate general outline only for the guidance of intending Purchasers or

    Lessees and they do not constitute an offer or contract or any part of an offer or contract. 2. All descriptions, dimensions, references to condition and other items in these Particulars are given as a guide only and no

    responsibility is assumed by Brown & Co for the accuracy of individual items. Intending Purchasers or Lessees should not rely on them as statements or representations of fact and should satisfy themselves as to the

    correctness of each item by inspection or by making independent enquiries. In particular, dimensions of land, rooms or buildings should be checked. Metric/imperial conversions are approximate only. 3. Intending

    Purchasers or Lessees should make their own independent enquiries regarding use or past use of the property, necessary permissions for use and occupation, potential uses and any others matters affecting the property

    prior to purchase. 4. Brown & Co, and any person in its employ, does not have the authority, whether in these Particulars, during negotiations or otherwise, to make or give any representation or warranty in relation to this

    property. No responsibility is taken by Brown & Co for any error, omission of mis-statement in these particulars. 5. No responsibility can be accepted for any costs or expenses incurred by intending Purchasers or Lessees in

    inspecting the property, making further enquiries or submitting offers for the Property. 6. All prices are quoted subject to contract and exclusive of VAT, except where otherwise stated. 7. In the case of agricultural property,

    intending purchasers should make their own independent enquiries with the RPA as to Single Payment Scheme eligibility of any land being sold or leased. 8. Brown & Co is the trading name of Brown & Co – Property and

    Business Consultants LLP. Registered Office: Granta Hall, Finkin Street, Grantham, Lincolnshire NG31 6QZ. Registered in England and Wales. Registration Number OC302092. These particulars were prepared in November

    2015.

    Castle Link, 33 North Bar, Banbury, Oxfordshire, OX16 0TH 01295 273555 [email protected]

    COACH MEWS, PARSONS STREET, BANBURY

    SUBJECT TO CONTRACT

    LOCATION Banbury is the main North Oxfordshire centre for commerce and industry, and lies approximately 2 miles from Junction 11 of the M40. Banbury has a current population of approximately 54,000 and a catchment area of 256,000 living within a 30 minute drive. London Yard is a privately owned part of Banbury Town Centre and is accessed off Parsons Street, a short distance from Market Place and the A361 (North Bar).

    DIRECTIONS London Yard is accessed off Parsons Street approximately half way down and opposite the Old Auctioneer Public House. Upon entering London Yard, Coach Mews is situated in the back right hand corner with the front aspect facing St Mary’s Church.

    DESCRIPTION Coach Mews is an attractive three storey property of part stone construction under a slate roof. The upper floor windows are all of UPVC double glazing, ground floor area is larger than the upper floor and benefits from a flat roof. The accommodation comprises a ground floor with a double garage, separate access to a commercial element currently utilised as a School of Dance. There is an independent access to the residential accommodation above which briefly comprises three storage cupboards, a kitchen, bedroom, study and open plan living / dining room on the first floor and two double bedrooms, one en-suite and a separate bathroom on the second floor. Joanne Mills School of Dance.Joanne Mills School of Dance.Joanne Mills School of Dance.Joanne Mills School of Dance. The rear element of the ground floor is occupied by Joanne Mills School of Dance. This element of the property may be available with vacant possession or as a potential lease-back from the current owners. The business is not for sale.

    ACCOMMODATION Coach Mews has independent access for the School of Dance and residential areas respectively. The following floor areas have been calculated (being approximate internal areas). Sq m Sq ft. Ground FloorGround FloorGround FloorGround Floor Double Garages 32.8 353 Dance school 82.2 885 First FloorFirst FloorFirst FloorFirst Floor---- Residential Residential Residential Residential Shower, Kitchen, Bedroom & Living room 40.8 439 Second floorSecond floorSecond floorSecond floor ---- ResidentialResidentialResidentialResidential Bathroom, 2 double Bedrooms, I en-suite 41.7 449 TOTALTOTALTOTALTOTAL 197.5 2197.5 2197.5 2197.5 2,,,,125125125125 The residential accommodation benefits from an independent access on the ground floor via London yard. It is well appointed and in excellent order throughout. The main living/dining area opens to a small roof terrace area. The upper floor comprises two large

    double bedrooms one with a walk-in wardrobe and en-suite bathroom. The ground floor has two large detached garages with electrically operated doors which interlinks with the commercial ground floor area currently utilised as a School of Dance.

    ACCESS The Vendor confirms they have access permits from Cherwell District Council provided parking is available. The property has 5 parking spaces including the garages. Vehicular access is permitted at all times for customers carrying children to and from the dance school.

    DEVELOPMENT POTENTIAL Subject to Planning - We are of the opinion that there is potential to develop the property by converting the ground floor space to residential use. It is also possible to extend the building floor space above the School of Dance to create additional upper floor residential space and potentially splitting the upper floors to separate residential apartments.

    PLANNING We have not made investigations with Local Planning Authority but we understand that the upper floors are used as a separate residential facility and the ground floor as a dance studio. All parties should make their own investigations as to the nature of the planning consent and should seek the advice of the local planning authority where appropriate.

    SERVICES We understand that mains gas, water and electricity are connected to the property.

    OUTGOINGS The ground floor commercial element has a rateable value of £3,550. The upper floors, being the residential element, are rated for Council Tax under band D.

    ENERGY PERFORMANCE CERTIFICATE (EPC) The Asset Raying for this property is Band D. A full copy is available at our office or on our website.

    VAT VAT is not payable

    LEGAL COSTS Each party to bear their own legal costs in this transaction.

    VIEWING Strictly by prior appointment through the sole selling agents Brown & Co, and no direct contact to the owners of the property.

    Tel: Tel: Tel: Tel: 01295 27355501295 27355501295 27355501295 273555 Fax: Fax: Fax: Fax: 01295 27008101295 27008101295 27008101295 270081 Website: Website: Website: Website: brownbrownbrownbrown----co.comco.comco.comco.com Email: Email: Email: Email: tim.humphreytim.humphreytim.humphreytim.humphrey@brown@brown@[email protected]