Property for sale

For sale by public auction on Wednesday 11th March 2026 at 6pm, a substantial, Grade II listed, Freehold investment opportunity, comprising over 6,000 sq ft, to be sold subject to the current lease with an attractive gross yield in excess of 8.35%.

For Sale By Public Auction - To be held at the Tayler & Fletcher North Cotswold Sale Room, Lansdowne, Bourton-on-the-Water, Gloucestershire, GL54 2AR on Wednesday 11th March 2026 at 6pm precisely. The turning to the Sale Room is diagonally opposite the Tayler & Fletcher Estate Agency office signposted Royal British Legion (along the driveway past Bourton Land Rovers). This is not an online auction.

Location - The Old Court Hotel is situated close to the heart of Witney, an historic market town in West Oxfordshire, on the periphery of the infamous Cotswolds AONB. Famous since the middle ages for its woollen blankets, Witney is now a thriving town with excellent local amenities and facilities making it both an attractive residential and commercial centre with a wide selection of shops including Waitrose, Marks & Spencer and Sainsburys as well as a strong retail scene of stores including Next, Crew Clothing, Fatface and White Stuff. There is also a variety of coffee shops and eateries. Witney is well placed for several local attractions including, Blenheim Palace, The Farmers Dog pub, The Cotswold Wildlife Park and the city of Oxford. There are main line rail services to London Paddington (80 minutes) at Long Hanborough (5 miles), Charlbury (9 miles) and Oxford Parkway (12 miles) and a comprehensive local bus network.

Description & Accommodation - A rare opportunity to purchase a substantial, grade II listed, freehold investment property with established tenants in situ, within close proximity to Witney town centre. The accommodation totalling in excess of 6,000 sq ft and constructed primarily of Cotswold stone, briefly comprises a bar and restaurant on the ground floor with a commercial kitchen, and two en suite guest rooms accessed via a covered courtyard with laundry facilities and storage. The first floor includes nine en suite guestrooms, plus a further four bedrooms, and a bathroom, allocated as separate staff accommodation. Externally, the property includes car parking facilities for approximately 7-10 vehicles accessed directly from Bridge Street. In total the property extends to 0.172 acres.

Lease - The property will be sold subject to the current lease, details below:
Lessee: Tamu Bristol Ltd. (company number 10620442)
Term: 14 year lease commencing June 2013
Rent Passing: £33,000pa
LTA 1954: Inside the act
Last Rent Review: 2025
Assignment: The 2013 lease was assigned to the current tenants in September 2022. We understand an authorised guarantee agreement (AGA) was included within the assignment.

Use Class - C1

Business Rates - The current rateable value as of 1st April 2023 is £8,300. The rateable value will increase to £17,500 on 1st April 2026.

Listing - We understand the property to be Grade II listed.

Epc - The property has a current rating of C valid until 4 May 2032.

Local Authority - West Oxfordshire District Council, Witney, OX28 1NB; [use Contact Agent Button];
Services - We understand mains water, electricity and drainage are connected to the property. Please Note that we have not tested any equipment, appliances or services in this property

Prospective Purchasers - Parties interested in purchasing The Old Court Hotel are advised to register an interest with the agents prior to the auction so that they may be advised of any variations or updates.

Special Conditions & Auction Pack - The Conditions of Sale and Legal Auction Pack will be available from the Vendor's Solicitor's 21 days prior to the auction date. They will not be read out at the Auction. It will be assumed that the purchaser has bid with full knowledge of such conditions of sale whether in fact he or she has inspected the same or not.

Reserve Price - The property will be offered for sale subject to an undisclosed Reserve and the Vendors retain the right for the Auctioneers to bid on their behalf up to the Reserve Price. The Vendors also reserve the right to sell or withdraw the property prior to auction.

Anti Money Laundering - Anyone wishing to bid at the auction will be required to provide proof of identity to satisfy the Money Laundering Regulations before the auction commences. This will need to be a proof of address (utility bill no older than three months or council tax bill for the current period) and photographic ID (driving licence or passport).

Auction Process & Completion - On the fall of the hammer, the purchaser will be required to sign the contract in the sale room and pay a ten percent deposit by cheque or bankers draft (not cash). Completion will be 21 days after the auction or earlier by mutual agreement, when the remaining balance of purchase monies will be due.

Administration Fee - The successful purchaser will be liable for an administration charge of £2,000 plus VAT (£2,400), payable to Tayler & Fletcher.

Vendor's Solicitor - Kendall & Davies Solicitors, Cheltenham House, The Square, Stow on the Wold, Cheltenham, Gloucestershire, GL54 1AB.
Paul Huggins acting,
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Viewings - Viewings are STRICTLY BY APPOINTMENT and will only be accommodated between 11am and 2pm on set dates to be confirmed. To view please contact Oliver Evans at our Stow-on-the-Wold Office on: [use Contact Agent Button]; [use Contact Agent Button]