11-12 Queen St 8,522 sq ft 100% Let Retail Property Oxford OX1 1EJ £5,235,000 (£614.29/sq ft) 6.50% Net Initial Yield

11–12 Queen Street comprises an extremely rare prime freehold retail investment occupying a 100% prime position on Queen Street, one of Oxford’s principal retailing pitches. The property forms part of a prominent city-centre block and is configured as two well-let retail units, extending to approximately 8,522 sq ft (NIA), with ground-floor sales accommodation and ancillary space above.
The asset is fully let to Fat Face Limited and Bravissimo Limited, both on full repairing and insuring leases, producing a total income of £362,806 per annum. The leases provide a WAULT of 4.28 years to expiry, offering secure short-to-medium term income from established UK retail covenants.
The property is located adjacent to Marks & Spencer and in close proximity to the principal entrance to the Westgate Oxford Shopping Centre, benefiting from exceptionally strong levels of pedestrian footfall. Oxford represents one of the UK’s most affluent retail centres, with over 7 million visitors per annum and a highly constrained supply pipeline following the repurposing of retail space into alternative uses, supporting a positive rental growth outlook.
The investment therefore provides an opportunity to acquire a core freehold asset in a globally recognised city, combining prime positioning, strong tenant covenants and medium-term reversionary potential within a supply-constrained retail market.