Retail property (high street) for sale
Property description & features
- Investment property for sale
- Subject to the current lease
- Tenant's business not affected
- Double-fronted property
- Grade II Listed property
- Bustling Oxfordshire town
- Close to the centre of town
- Good transport links
Period Grade II Listed terraced building in a popular bustling Oxfordshire town - the tenant's business is not affected.
PROPERTY DESCRIPTION
The Property
Comprises the ground floor of an attractive period Grade II Listed double-fronted property
Situated close to the centre of town
Accommodation
Secure entrance lobby opening to two retail areas with kitchen and cloakroom off
Tenancy
The property is currently let to ‘Two by Simon Smith Ltd’ for a term of 10 years from and including 3rd March 2023 at a rent of £30,000 per annum, payable quarterly in advance
The rent is subject to a review on the 3rd March 2028, when the new rent increase will be capped at £30,900 per annum (3%)
Landlord & Tenant Act 1954: The renewal provisions are excluded
Lease
A copy of the lease is available for inspection at the Agent’s office, or can be sent to interested parties by email
Outgoings
Rateable Value - £12,250 (1 April 2023 to present)
Services
Main water, electricity and drainage are connected
Average broadband speed within this postcode up to 69.5 Mbps
EPC – current rating band C
SITUATION
A market town offering a wide selection of shops and amenities for daily requirements
Doctors, dentist, bank, restaurants, pubs and a small theatre
The city of Oxford is 20 miles to the south-east and access to the M40 is at Banbury
Good transport links
There is a mainline station at Charlbury with fast trains reaching Paddington in about 80 minutes
Places of interest
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*DISCLAIMER
Property reference MIM240238. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Hayman-Joyce - Moreton-in-Marsh.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on December 16, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on February 16, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.