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Norman House & Mayfield House Offices 2 Office Properties Offered at £15,650,000 in Oxford
INVESTMENT HIGHLIGHTS
- Providing a total of 45,523 sq ft of office and retail accommodation on a site area of 1.04 acres
- A contractual rent of £1,253,460 per annum providing a low average rent of £26.37 psf. T
- Freehold
- Strong tenant mix with a WAULT of 6.42 years to expiry and 3.23 years to break
- The properties jointly benefit from 65 car parking spaces
EXECUTIVE SUMMARY
A rare mixed use multi-let office and retail investment situated in Summertown, Oxford, a vibrant and affluent area with excellent transport links The buildings occupy a prominent position on the Banbury Road which provides access to the city centre to the south, and the A40 and A34 to the north which in turn connects to the M40. Norman House comprises a modern multi-let mixed use building with five retail units at ground floor level with offices over first and second floors. Mayfield House comprises a modern multi-let mixed use building with six retail units at ground floor level and offices over first, second and third floors.
PROPERTY FACTS
| Price | £15,650,000 | Number of Properties | 2 |
| Price psf | £343.78 / sq ft | Individually For Sale | 0 |
| Yield | 7.50% | Total Property Size | 45,523 sq ft |
| Sale Type | Investment | Total Land Area | 1.04 ac |
| Status | Active |
| Price | £15,650,000 |
| Price psf | £343.78 / sq ft |
| Yield | 7.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Property Size | 45,523 sq ft |
| Total Land Area | 1.04 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Mayfield House
256 Banbury Rd, Oxford OX2 7DE |
Office | 26,535 sq ft | 1971 | - |
|
Norman House
260-272 Banbury Rd, Oxford OX2 7DY |
Office | 18,988 sq ft | 1968 | - |
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Norman House & Mayfield House Offices
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