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1 Market Pl 8,676 sq ft 90% Let Retail Property Didcot £165,000 (£19.02/sq ft) 10% Net Initial Yield

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Investment Highlights

Prominent town centre position close to Didcot Parkway Station
Directly opposite the 65-unit Orchard Centre

Directly opposite the 65-unit Orchard Centre

Executive Summary

1 Market Place comprises a town centre retail investment prominently positioned in the heart of Didcot. The property is let until February 2031 to USA Fried Chicken (no breaks), producing a current income of £16,500 per annum exclusive. The asset is held on a virtual freehold interest with a 999-year term at a peppercorn rent, offering long-term income security. The property benefits from its close proximity to Didcot Parkway Railway Station and sits directly opposite the Orchard Centre, reinforcing its strong trading position within an attractive and affluent London commuter town.

Brochure

Property Facts

Sale Type

Investment

Sale Condition

Auction Sale

Property Type

Retail

Tenure

Long Leasehold

Property Subtype

Shopfront Retail / Office

Property Size

8,676 sq ft

Costar Property Class

Year Built

1982

Price

£165,000

Price per sq ft

£19.02

Yield

10%

NOI

£16,500

Occupancy Rate

90%

Tenancy

Multiple

Number of Floors

Plot ratio

1.17

Total Plot Size

0.17 ac

Frontage

90 ft on Broadway

Bus Route
Commuter Rail

Public Transport

Storage Space

Smoke Detector

Space Availability

Space
Size
Space Use
Position
Available

Ground
893 sq ft
Office
-
Now

The property is centrally located on Didcot’s Broadway close to the Orchard Centre retail and leisure development.It is convenient for a range of shopping, restaurant and leisure amenities.By rail, Didcot Parkway Station provides a regular commuter rail service to Reading (15 mins approx) and London Paddington (45 mins approx). By road, the A34 Milton Interchange is three miles to the east via the A4130.The A34 trunk road provides a dual carriageway link southbound to M4 (junction 13) and northbound to M40 (junction 8/9). Didcot is also within easy range of local business and science communities at Milton Park, Harwell and Culham.Please call for more info.