9b Market Place
Abingdon
Oxfordshire
OX14 3HG

Prominent Retail Investment in Historic Market Town

  • Let to tenant trading as Efes Barbers
  • Lease expires July 2030 (no breaks)
  • Prominent location on pedestrianised Market Place opposite Abingdon County Hall Museum
  • Affluent and attractive historic Market Town
  • Short walk from Bury Street Shopping Centre, with other nearby occupiers including FatFace, Savers, JD Wetherspoon & Costa Coffee
  • Lot
    2
  • Auction
    04/Nov/2021
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £158,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
  • 9b Market Place, Abingdon, Oxfordshire, OX14 3HG
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles south of Oxford
Roads
A34, A40, M40
Rail
Didcot Parkway
Situation

Abingdon is an attractive town situated on the River Thames, approximately 6 miles south of Oxford. The town has good communications with easy access to the A34, which leads to the M4 to the south and the Oxford ring road and the M40 to the north. The property is situated in a prominent and central position on the south side of the pedestrianised Market Place, close to it's junction with High Street. The property is a short walk from Bury Street Shopping Centre, and benefits from nearby parking and bus routes. Other nearby occupiers including FatFace, Savers, JD Wetherspoon & Costa Coffee.

Tenure

Long Leasehold. 999 years from January 2006 at a peppercorn rent.

Description

The property, which forms part of an attractive Grade II Listed building, comprises a ground floor shop with basement ancillary accommodation.

VAT

VAT is applicable to this lot.

Completion Period

Six Week Completion

EPC

Available from the legal pack at www.acuitus.co.uk

Tenancy & Accommodation

FloorUseFloor Areas
(Approx)
TenantTermRent p.a.xReview
Ground
Basement
Retail/Ancillary
Ancillary
31.00 sq m
24.00 sq m
(338 sq ft)
(254 sq ft)
B. AKSAHIN with a guarantee from
A. TERBAS
(t/a Efes Barbers)
15 years from
07/07/2015 until
06/07/2030
£15,00007/07/2025
Total
55.00 sq m
(592 sq ft)
  £15,000 

If you are the successful bidder, Acuitus requires a separate payment of £1,000 inclusive of VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Due to the current restrictions in movement throughout the UK, the property may not have been inspected by Acuitus. Some photographs may not be current and these will be dated where this is the case. Plans showing nearby occupiers and mention of nearby occupiers may reflect a dated situation as some tenants are not currently in occupation. Floor areas and accommodation details are likely to have been obtained from VOA.Gov.UK and the Vendor.

Property Documents

  • Catalogue Page
    Updated Date
    15.10.21
    File Size
    794 KB
    View PDF
  • Site Plan
    Updated Date
    15.10.21
    File Size
    872 KB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
George GoucherGeorge Goucher +44 (0)20 7034 4860 +44 (0)7513 610 710george.goucher@acuitus.co.uk
Associate Auctioneers
Chandler Garvey 4 Paul’s Row
high wycombe
bucks
HP11 2HQ
Marcus Smith 01494 796055MS@chandlergarvey.com
Seller's Solicitors
Blake Morgan Apex Plaza, Forbury Road
Reading
RG1 1AX
Helen Edwards 0118 982 2541Helen.Edwards@blakemorgan.co.uk

Useful Links

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