9b Market Place Abingdon Oxfordshire OX14 3HG

  • 9b Market Place<br>Abingdon<br>Oxfordshire<br>OX14 3HG

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
    4th November 2021
  • Rent
    £15,000 per Annum Exclusive
  • Status
    Sold
  • Price
    £158,000
  • Auction Venue
    Live Streamed Auction
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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 4th November 2021
  • Rent £15,000 per Annum Exclusive
  • Status Sold
  • Price £158,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction

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.

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

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

Floor Use Floor Areas
(Approx)		 Tenant Term Rent p.a.x Review
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		 £15,000 07/07/2025
Total
55.00 sq m
(592 sq ft)
     £15,000  

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Contacts

Acuitus
David MargolisDavid Margolis +44 (0)20 7034 4862 +44 (0)7930 484 440david.margolis@acuitus.co.uk
Associate AuctioneersMarcus 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

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk
Property InsuranceBrown & BrownNatasha WardBroking Director+44 7545 208 759bbrown.com

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