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Trinity Retail Graven Hill Rd 1,279 sq ft Retail Property Bicester OX26 6JP £742,000 (£580.14/sq ft)

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INVESTMENT HIGHLIGHTS

  • Set within the trailblazing Graven Hill Development in Bicester
  • All three units are all fully let
  • Low initial rents and reversionary
  • 5 minutes from J9 of the M40 Motorway
  • Long Leasehold interests available of 150 years from 01/01/2020
  • Substantial tenants fit outs to each the units

EXECUTIVE SUMMARY

Class E Investments For Sale – Three Fully Occupied Ground Floor Retail Units
The units are located on the ground floor of an apartment block, situated at the front of the landscaped Graven Hill development, close to the newly completed primary school and opposite a site allocated for a new convenience store.
Unit 1 is currently leased to Graven Hill Development Company www.gravenhill.co.uk/ghvdc at an annual rent of £15,500 per annum on a lease commencing 01/03/2024 ending 29/02/2029 with a break on 28/02/2026.
Unit 3 is occupied by Esquires Coffee www.esquirescoffee.co.uk, established in 1993 and have grown to over 100 worldwide coffee stores. The current annual rent is £30,000 per annum, commencing 07/11/2023 and ending on 06/11/2033, with a break clause on 06/11/2029.
Unit 4 is occupied by Wine Rack and Wine Valley www.winerack.co.uk who provide wines and spirits, together with a selection of day-to-day groceries (until the arrival of the new convenience store planned for the site) and also has a Cocktail Lounge on site. The current annual rent is £22,000 on a lease commencing 05/06/2023, ending on 04/06/2043, with a break clause on 05/06/2028. A rent deposit of £11,000 is held for this lease.

ATTACHMENTS

Brochure

PROPERTY FACTS Sale Pending

Sale Type
Owner Occupier
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
1,279 sq ft
Year Built
2023
Price
£742,000
Price per sq ft
£580.14
Number of Floors
1
Total Plot Size
359.55 ac

NEARBY MAJOR RETAILERS

The Acorn
Apostrophe
itsu
Tesco Superstore
Lounges
Prezzo
Nando's
Costa Coffee
Starbucks
Anytime Fitness
  • Listing ID: 35548901

  • Date on Market: 18/04/2025

  • Last Updated:

  • Address: Graven Hill Rd, Bicester OX26 6JP

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