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66-68 Sheep St 6,420 sq ft 100% Let Retail Property Bicester OX26 6JW £1,300,000 (£202.49/sq ft) 7% Net Initial Yield

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Investment Highlights

Located between Oxford, Banbury and Milton Keynes. The town
Proximity to two train stations

Accessible via the A34 or the M40

Executive Summary

The property comprises two detached retail units which have been linked together and extended at the rear to provide additional storage facilities and covered loading with the benefit of three self contained flats at first floor. The ground floor accommodation has the benefit of a prominent retail frontage at the entrance to the pedestrianised area of Sheep Street which is opposite the pedestrian entrances from Sheep Street to B&M Stores and Sainsbury’s. The rear sales area includes a staff room with kitchenette, storage and further rear storage with covered ramped loading area and loading access to the rear of the site. Also to the rear there is a pedestrian access to first floor storage, within a steel framed warehouse.
Self contained flats at first and second floors and a back yard with vehicle access and parking. Flats accessed via a front door on Sheep Street as well as communal access from the rear. The residential accommodation comprises converted upper parts within the main buildings, accessed via a communal flat roof over the rear retail area.

Marketing Brochure/Flyer

Property Facts

Sale Type

Investment

Property Type

Retail

Tenure

Freehold/Long Leasehold

Property Subtype

Shopfront Retail / Residential

Property Size

6,420 sq ft

Costar Property Class

Year Built

1919

Price

£1,300,000

Price per sq ft

£202.49

Yield

NOI

£91,000

Occupancy Rate

100%

Tenancy

Multiple

Number of Floors

Plot ratio

1.05

Total Plot Size

0.14 ac

Major Tenants

Bicester Toys & Nursery
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Brethertons LLP
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For centuries, the people of Southeast Africa have used PERi-PERi to bring fire to their food. It’s in Mozambique’s rich soil and blistering sunshine that the African Bird’s Eye Chilli grows into its fiery best. When Portuguese explorers arrived there, they were enchanted by its flavour. They added a squeeze of lemon and a kick of garlic and turned PERi-PERi into a very well-travelled spice. One afternoon in 1987, two friends went for lunch at a humble Portuguese eatery. As their meal drew to a close, they knew they’d tasted something that had to be shared. PERi-PERi was about to make one more journey, from Rosettenville to the world.

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988 sq ft
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For over a century, Thorntons has specialized in crafting high quality chocolate sweets, toffee, fudge and other confectionery. Whilst a lot has changed since their humble beginnings in Sheffield back in 1911, their passion for craftsmanship and using only the highest quality ingredients have remained at the heart of their company values. Shop online for personalized gifts, chocolate hampers and a huge range of milk, white and dark chocolate for delivery by post. Surprise a friend by sending a gift direct to their door or treat yourself with a delicious luxury chocolate delivered.