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107-109 Oxford Rd - Temple Court Business Centre 4,540 sq ft Office Unit Offered at £1,350,000 in Oxford OX4 2ER
Investment Highlights
- Perimeter trunking
- Fitted communal kitchen
- Double glazing
Executive Summary
Renowned for its university connections, the historic City of Oxford is a major commercial centre, offering the dual advantages of an attractive working environment and excellent communications on a local and national level. Situated just off the M40, on the junction of the A40 and A34 trunk roads, the city commands a strategic position on the national road network. Within Oxford itself, Temple Court occupies a convenient location just off Oxford Road, one of the principal arterial routes running between the South Eastern Ring Road and the city centre. Temple Court is situated within the thriving suburb of Cowley, close to ARC Oxford Business Park and offers views over playing fields to the rear.
Property Facts Sale Pending
| Total Property Size | 12,543 sq ft | Typical Floor Size | 4,480 sq ft |
| Property Type | Office (Unit) | Year Built | 1981 |
| Costar Property Class | C | Total Plot Size | 0.27 ac |
| Floors | 3 |
| Total Property Size | 12,543 sq ft |
| Property Type | Office (Unit) |
| Costar Property Class | C |
| Floors | 3 |
| Typical Floor Size | 4,480 sq ft |
| Year Built | 1981 |
| Total Plot Size | 0.27 ac |
Amenities
- Fenced Lot
- Security System
- Kitchen
- Accent Lighting
- EPC - C
- Central Heating
- Fully Carpeted
- Perimeter Trunking
1 Unit Available
Unit 107
| Unit Size | 4,540 sq ft | Sale Type | Investment |
| Price | £1,350,000 | Tenure | Freehold |
| Price Per sq ft | £297.36 | Net Initial Yield | 3.97% |
| Unit Use | Office | NOI | £53,543.90 |
| Unit Size | 4,540 sq ft |
| Price | £1,350,000 |
| Price Per sq ft | £297.36 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Freehold |
| Net Initial Yield | 3.97% |
| NOI | £53,543.90 |
Description
The property comprises a modern, three-storey office building, subdivided internally so as to provide twelve individual office suites, with communal WC and kitchen facilities.
Sale Notes
The freehold interest is available for sale at a price of £1,350,000 exclusive, subject to the tenancies detailed on the attached schedule.
The investment currently generates a rental income of £53,543.90 pa but has the potential to produce a rent roll in the order of £115,000 pa when fully let, reflecting a gross reversionary yield of 8.5%.
Presented by
107-109 Oxford Rd - Temple Court Business Centre
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