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92-94 London Rd 1,129 sq ft Retail Unit Offered at £475,000 in Oxford OX3 9AJ
INVESTMENT HIGHLIGHTS
- High Street Location
- Extensive Parking Nearby
- Numerous Bus Stops Nearby
EXECUTIVE SUMMARY
The property forms part of a modern three storey block of buildings with brick faced elevations under a pitched tiled roof. It occupies a mid terrace position and forms the middle unit of a parade of three shops with the British Heart Foundation on the east side and a specialist food supermarket occupying a large unit on the west side.
PROPERTY FACTS
| Total Property Size | 7,906 sq ft | Typical Floor Size | 1,233 sq ft |
| Property Type | Retail (Unit) | Year Built | 1997 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.46 ac |
| Costar Property Class | B | Parking Allocation | 2.42/1,000 sq ft |
| Floors | 3 |
| Total Property Size | 7,906 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 1,233 sq ft |
| Year Built | 1997 |
| Total Plot Size | 0.46 ac |
| Parking Allocation | 2.42/1,000 sq ft |
AMENITIES
- Bus Route
- Dedicated Turn Lane
- Security System
- Storage Space
- Air Conditioning
1 UNIT AVAILABLE
Unit 94
| Unit Size | 1,129 sq ft | Unit Use | Retail |
| Price | £475,000 | Sale Type | Investment or Owner Occupier |
| Price Per sq ft | £420.73 | Tenure | Long Leasehold |
| Unit Size | 1,129 sq ft |
| Price | £475,000 |
| Price Per sq ft | £420.73 |
| Unit Use | Retail |
| Sale Type | Investment or Owner Occupier |
| Tenure | Long Leasehold |
DESCRIPTION
Internally, the property comprises open plan retail
accommodation with a single WC at the rear of the shop.
The occupier has formed an office and some storage at
the rear with the use of stud partitioning.
SALE NOTES
The premises are owned on a long leasehold basis for a
term of 999 years effective June 2004.
They have subsequently been sublet on an occupational
basis on the following terms;
Term; Five years
Effective; 16th December 2021
Tenant; Sheermain Limited
Repair; Effective full repairing
Subject to a schedule of condition
User; Class A(1) now (E)
Rent; £30,000 per annum exclusive
NEARBY MAJOR RETAILERS
Presented by
92-94 London Rd
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