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

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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

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 £1,000 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.