Freehold Retail Investment in Historic & World Renowned University City
Let to tenant trading as Oxford Experience (an Oxford University Souvenir Shop)
15 year lease expiring January 2033 (No Breaks)
Very central City Centre location close to Oxford Covered Market & Carfax, at the junction of High Street, Cornmarket Street, Queen Street & St Aldates
Nearby occupiers include H&M, TK Maxx, Marks & Spencer, The White Company, Sainsbury's Local, Anthropologie, Costa Coffee, Swetty Betty, The Ivy, All Bar One and Lloyds & HSBC Banks.
VAT-free Investment
Rare Opportunity to purchase in Oxford City Centre
Freehold Retail Investment in Historic & World Renowned University City
Let to tenant trading as Oxford Experience (an Oxford University Souvenir Shop)
15 year lease expiring January 2033 (No Breaks)
Very central City Centre location close to Oxford Covered Market & Carfax, at the junction of High Street, Cornmarket Street, Queen Street & St Aldates
Nearby occupiers include H&M, TK Maxx, Marks & Spencer, The White Company, Sainsbury's Local, Anthropologie, Costa Coffee, Swetty Betty, The Ivy, All Bar One and Lloyds & HSBC Banks.
VAT-free Investment
Rare Opportunity to purchase in Oxford City Centre
Lot 7
Auction 13th December 2021
Rent £71,000 per Annum Exclusive
Status Sold
Price £780,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
14 miles south-west of Bicester
56 miles north-west of Central London
Roads
A40, M40
Rail
Oxford
Air
London Heathrow
Situation
Oxford is an attractive and historic University City located approximately 14 miles south-west of Bicester and 56 miles north-west of Central London. The property is located in a prominent position on the north side of High Street, close to Carfax and close to the junction of High Street, Cornmarket Street, Queen Street & St Aldates, close to the entrance of the Oxford Covered Market. Nearby occupiers include H&M, TK Maxx, Marks & Spencer, The White Company, Sainsbury's Local, Anthropologie, Costa Coffee, Swetty Betty, The Ivy, All Bar One and Lloyds & HSBC Banks. The Clarendon Centre is just a short walk away.
Tenure
Freehold.
Location
Miles
14 miles south-west of Bicester
56 miles north-west of Central London
Roads
A40, M40
Rail
Oxford
Air
London Heathrow
Situation
Oxford is an attractive and historic University City located approximately 14 miles south-west of Bicester and 56 miles north-west of Central London. The property is located in a prominent position on the north side of High Street, close to Carfax and close to the junction of High Street, Cornmarket Street, Queen Street & St Aldates, close to the entrance of the Oxford Covered Market. Nearby occupiers include H&M, TK Maxx, Marks & Spencer, The White Company, Sainsbury's Local, Anthropologie, Costa Coffee, Swetty Betty, The Ivy, All Bar One and Lloyds & HSBC Banks. The Clarendon Centre is just a short walk away.
Tenure
Freehold.
Description
The property is arranged as ground floor shop with ancillary accommodation arranged on the basement, first, second and third floors.
VAT
VAT is not applicable to this lot.
Completion Period
Six Week Completion
EPC
E. See legal pack at www.acuitus.co.uk.
Description
The property is arranged as ground floor shop with ancillary accommodation arranged on the basement, first, second and third floors.
15 years from 31/01/2018 until 30/01/2033 on a full repairing and insuring lease
£71,000
31/01/2023 & 5 yearly thereafter
Total
268.46 sq m
(2,890 sq ft)
£71,000
If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
