26 Market Square Witney Oxfordshire OX28 6BB

26 Market Square
Witney
Oxfordshire
OX28 6BB

Freehold Retail and Dental Surgery Investment

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
Auction Venue
The Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG
On behalf of SIPP Trustees

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Freehold Retail and Dental Surgery Investment

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

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

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).