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31 Sheep St 823 sq ft Retail Property Bicester OX26 6JJ £295,000 (£358.44/sq ft)

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INVESTMENT HIGHLIGHTS

  • Investment for Sale.
  • First floor storage.
  • Ground Floor retail.
  • Rental income £18,000 per annum.

EXECUTIVE SUMMARY

£295,000 for the Freehold 823.4 Sq Ft / 76.49 Sq M A two-storey retail investment property in a central location on Sheep Street, the main shopping street in Bicester town centre. The property comprises retail accommodation at ground floor with a WC to the rear. Stairs lead to the first floor, which has three separate rooms off a landing. The property is adjacent to Evans Walk, connecting to the Pioneer Square complex and its free 2 hour parking. Nearby occupiers include Sainsbury's, M&S Food and Superdrug.
The Bicester area benefits from excellent access to the M40 at Junction 9 and the M1 at Junction 15a. The town has high speed rail links to London and Birmingham. Bicester is one of the fastest growing towns in the country with excellent amenities including the Bicester Village Retail Park.
The property is let on a 10 year lease from 17th October 2022, with a break date and rent review at 17th October 2025, at a rental of £18,000 per annum.
The EPC rating for the property is 73 - Band C.

ATTACHMENTS

Brochure

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
823 sq ft
Costar Property Class
C
Year Built
1900
Price
£295,000
Price per sq ft
£358.44
Tenancy
Single
Number of Floors
1
Plot ratio
0.66
Total Plot Size
0.03 ac
Frontage
26 ft on Sheep Street

AMENITIES

  • Security System
  • Signage
  • Storage Space

NEARBY MAJOR RETAILERS

Anytime Fitness
Costa Coffee
Starbucks
Coffee#1
Morrisons
Sainsbury's
Barclays
National Westminster Bank Plc
Lloyds Bank plc
Santander
  • Listing ID: 30515514

  • Date on Market: 03/01/2024

  • Last Updated:

  • Address: 31 Sheep St, Bicester OX26 6JJ

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