Let to Helen & Douglas House Charity until 2025 and Witney Dental Practice until 2027
Affluent and attractive Cotswold town
Approximately 30 metres from the Woolgate Shopping Centre
Nearby occupiers include HSBC and Barclays banks, Pizza Express and Boots the Chemist
Lot 1
Auction 13th July 2017
Rent £44,000 per Annum Exclusive
Status Sold Prior
Price
Sector High Street Retail
Auction Venue The Radisson Blu Portman Hotel 22 Portman Square London W1H 7BG
On behalf of SIPP Trustees
Property Information
Location
Miles
13 miles west of Oxford, 14 miles south of Chipping Norton, 60 miles north-west of London
Roads
A40, M40
Rail
Hanborough Railway Station, Oxford Railway Station
Air
London Heathrow Airport
Situation
Witney is an affluent and historic Cotswold market town situated some 13 miles west of Oxford. The property is situated on the west side of Market Square in Witney town centre. Nearby occupiers include HSBC and Barclays banks, Pizza Express and Boots the Chemist. The Woolgate Shopping Centre is situated some 30 metres to the north, where occupiers include Waterstones, Waitrose and Holland & Barrett.
Tenure
Freehold.
Location
Miles
13 miles west of Oxford, 14 miles south of Chipping Norton, 60 miles north-west of London
Roads
A40, M40
Rail
Hanborough Railway Station, Oxford Railway Station
Air
London Heathrow Airport
Situation
Witney is an affluent and historic Cotswold market town situated some 13 miles west of Oxford. The property is situated on the west side of Market Square in Witney town centre. Nearby occupiers include HSBC and Barclays banks, Pizza Express and Boots the Chemist. The Woolgate Shopping Centre is situated some 30 metres to the north, where occupiers include Waterstones, Waitrose and Holland & Barrett.
Tenure
Freehold.
Description
The property comprises a ground floor retail unit and a self-contained dental surgery on the first and second floors. The property benefits from rear and side access from both Market Square and Marlborough Lane.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Description
The property comprises a ground floor retail unit and a self-contained dental surgery on the first and second floors. The property benefits from rear and side access from both Market Square and Marlborough Lane.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
The EPC will be available to view online in the solicitor’s legal pack.
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review/ (Reversion)
Ground
Retail
110.35 sq m
(1,188 sq ft)
HELEN & DOUGLAS HOUSE
10 years from 08/04/2015
£33,000
08/04/2020 (08/04/2025)
First Second
Dental Surgery
62.89 sq m 27.41 sq m
(677 sq ft) (295 sq ft)
INDIVIDUALS t/a Witney Dental Practice
Approx 12 years from 26/05/2015
£11,000
24/06/2017 (23/06/2027)
Totals
200.65 sq m
(2,160 sq ft)
£44,000
(1) Helen & Douglas House (Registered Charity No.1085951) was incorporated in 2000 and employs approximately 280 people and trades from some 40 shops (Source: www.helenanddouglas.org.uk).