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1 & 9 Evans Yard 455 sq ft Retail Property Bicester OX26 6JT £250,000 (£549.45/sq ft) 6.72% Net Initial Yield
Investment Highlights
- Town centre location
- Easy access to both Junction 9 and 10 of the M40 as well as to the A43 and A34
- Good public parking options
Executive Summary
Two Retail units on Evans Yard producing rental income combined of £16,800 per annum exclusive. Unit 1 is let by way of a 5 year Lease from 1st April 2021, expiring on 30th March 2026 at a rent of £8,100 pa for use as a beauty salon. Unit 9 is let by way of an extended Lease dated 1st May 2024 to 26th August 2034 at a passing rent of £8,700 pa increasing to £9,300 from 27th August 2029 for use as a hairdressers
Property Facts Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
455 sq ft
Costar Property Class
B
Year Built
1855
Price
£250,000
Price per sq ft
£549.45
Yield
6.72%
NOI
£16,800
Tenancy
Single
Number of Floors
2
Plot ratio
0.45
Total Plot Size
0.02 ac
Amenities
- Security System
- Signage
1 1
Nearby Major Retailers
1 of 3
Videos
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Photos
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Map
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1 & 9 Evans Yard
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