8 High Street Oxford Oxfordshire OX1 4AB

8 High Street
Oxford
Oxfordshire
OX1 4AB

  • 8 High Street<br>Oxford<br>Oxfordshire<br>OX1 4AB

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
    13/Dec/2021
  • Rent
    £71,000 per Annum Exclusive
  • Status
    Sold
  • Price*
    £780,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

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

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.

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

E. See legal pack at www.acuitus.co.uk.

Tenancy & Accommodation

Floor Use Floor Areas
(Approx)
Tenant Term Rent p.a.x Review
Ground
Basement
First
Second
Third
Retail/Ancillary
Ancillary
Ancillary
Ancillary
Ancillary
86.39 sq m
39.95 sq m
70.60 sq m
33.44 sq m
38.08 sq m
(930 sq ft)
(430 sq ft)
(760 sq ft)
(360 sq ft)
(410 sq ft)
OXON RETAIL
LIMITED t/a
Oxford
Experience
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.

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
    23.11.21
    File Size
    892 KB
    View PDF
  • Site Plan
    Updated Date
    23.11.21
    File Size
    881 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
Seller's Solicitors
BSG Solicitors 314 Regents Park Road, Finchley
London
N3 2JX
Jeremy Swerner 020 8343 4411jeremy@bsgsolicitors.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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