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The Old Barn Coker Close 1,430 sq ft Retail Property Bicester OX26 6DR £425,000 (£297.20/sq ft) 7.27% Net Initial Yield
Investment Highlights
- Located just off major through road
- Connectivity via nearby M40
- Access to town centre amenities
Executive Summary
The premises are available for sale as a freehold investment at £425,000.
A Grade 11 listed building comprises ground floor retail and first floor, currently let on a Full Repairing Lease to a Pharmacy on a 15 year Lease from 24th October 2014 expiring on
23rd October 2029 at a rent of £30,896.32 per annum. The rent is subject to 5 year reviews and a break clause as of 6th July 2023.
A Grade 11 listed building comprises ground floor retail and first floor, currently let on a Full Repairing Lease to a Pharmacy on a 15 year Lease from 24th October 2014 expiring on
23rd October 2029 at a rent of £30,896.32 per annum. The rent is subject to 5 year reviews and a break clause as of 6th July 2023.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Size
1,430 sq ft
Year Built
1900
Price
£425,000
Price per sq ft
£297.20
Yield
7.27%
NOI
£30,896
Tenancy
Single
Number of Floors
2
Plot ratio
0.71
Total Plot Size
0.05 ac
Frontage
41 ft on Coker Cl
Amenities
- Signage
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Presented by
The Old Barn | Coker Close
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