Commercial Property in Faringdon available for sale
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Commercial Property for Sale near the Faringdon, UK

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More details for Highworth Rd, Faringdon - Land for Sale

Highworth Rd

Faringdon, SN7 7ED

  • Land for Sale
  • 0.73 ac Plot

Faringdon Land for Sale

LAND SITUATED IN A STRATEGIC POSITION ON THE EDGE OF THE POPULAR SETTLEMENT OF FARINGDON TO THE WEST OF OXFORD EXTENDING TO APPROXIMATELY 0.73 ACRES (0.29 HECTARES) LOCATION The Property is situated on the western built edge of Faringdon, a popular and growing settlement within the Vale of White Horse District Council. The Property has direct frontage onto the Highworth Road, from which access is provided. Faringdon is a growing market town located approximately 15-miles west of Oxford and 10-miles northeast of Swindon. Oxford is a regional city hub providing an extensive range of services and facilities including shops, restaurants, banks, sports centre, retail parks and supermarkets. Swindon also provides for a wide range of services and facilities as well as being a hub for employment in the area. Swindon benefits from direct rail services into London Paddington (approximately 1-hour), as well as having good access onto the M4 motorway via junctions 15 and 16. Facilities in Faringdon include a Waitrose, Tesco Superstore, two Primary Schools, Secondary School, Leisure Centre, Cricket Club, several Public Houses and a Post Office. PROPERTY The Property comprises a former Highways Depot and Youth Centre, in all extending to approximately 0.73 acres (0.29 ha), with access taken from the northern boundary, which fronts onto Highworth Road, from which access is taken. The northern section of the site includes a yard and a number of buildings, which are brick-built under clay tiled roofing. The southern section of the site is made up of an area of raised hardstanding and concrete pads previously understood to have been used for the storage of highways material. There are a number of trees and overgrown shrubs across the site. The south, east and western boundaries front onto newly developed residential housing. The nature of the surrounding housing is generally mixed, mid to low density. PLANNING The Local Planning Authority is Vale of White Horse District Council (VOWHDC). The existing Development Plan for VOWHDC consists of policies from the Local Plan 2031 (Parts One and Two) and identifies Faringdon as a 'Market Town' within the Western Vale Sub-Area. There is a residential development focus around Faringdon with "complementary growth in the Larger Villages" surrounding the town. Faringdon's Neighbourhood Plan comments that "additional residents would help support the critical mass of the town and help it become more self-sustaining" and that there is a need for new housing to provide "a broad mix of types to suit local needs". We are not aware of any recent planning applications which relate to the subject Property. REGISTERED TITLE The land is registered with the Land Registry under Title Number ON282359. METHOD OF SALE The opportunity is offered for sale freehold. We will be monitoring interest through the marketing period with a view to setting a deadline for bids. It is therefore recommended that prospective purchasers wait to receive further instructions from Carter Jonas before coming forward with any offer. Offers are invited both on subject to planning and on an unconditional basis. The vendors will also consider overage proposals. LOCAL AUTHORITY Vale of White Horse District Council (https://www.whitehorsedc.gov.uk/) SERVICES It is understood the Property benefits from utilities connections. FURTHER INFORMATION An information pack has been prepared to accompany these particulars which includes title information. This is available upon request and prospective purchasers should note that the vendors will expect them to have obtained and carefully considered the contents of the Information Pack prior to submitting an offer. For further information or to receive the Information Pack, please contact Carter Jonas. VIEWING The property may be viewed from the highway. Parties wishing to walk the property should arrange an appointment with Carter Jonas.

Contact:

Carter Jonas LLP

Property Subtype:

Commercial

Date on Market:

05/11/2024
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Commercial Properties for Sale Within 5 miles of the Faringdon, UK

More details for Majors Rd, Swindon - Office for Sale

Majors Rd

Swindon, SN6 8TZ

  • Industrial for Sale
  • 2,307 - 2,338 sq ft
  • 2 Units Available
  • Air Conditioning
  • Reception

Swindon Office for Sale

The park itself is a well-established and thriving business hub, currently hosting 90 individual units with a diverse mix of business and office buildings. This variety supports a wide range of industries and has attracted numerous prestigious companies, adding to its reputation as a desirable location for enterprises. Shrivenham Hundred Business Park is strategically located adjacent to the A420, providing excellent connectivity between Swindon and Oxford. Its proximity to major road networks is a significant advantage for businesses, with the A420 West offering direct access to the A419 and Junction 15 of the M4 motorway, as well as routes to Cirencester and the M5 motorway. The A420 East ensures convenient travel towards Oxford and the M40 motorway, enhancing its appeal for regional and national businesses. The adjoining villages of Shrivenham and Watchfield provide local facilities and services, and the Park is also served by a nearby CoOperative and Cafe on site.

Contact:

Smethurst Property Consultants

Date on Market:

24/01/2025
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LoopNet UK Oxfordshire Commercial Properties For Sale in Faringdon, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Faringdon

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How many Commercial Property listings are available for sale in Faringdon?
There are currently 1 Commercial Properties available for sale near Faringdon. These Faringdon Commercial Property listings have an average size of. The largest available listing in Faringdon is. The thriving commercial centre and excellent transport links in Faringdon make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Faringdon?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in Faringdon currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in Faringdon?
There is a diverse range of commercial properties available in Faringdon to suit various business needs. Faringdon offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Faringdon commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the Faringdon, UK

Market Overview for Commercial Properties in Faringdon

Key information for Commercial Properties investors in Faringdon and comparable markets. This summary brings together pricing and building size data to provide a clear view of market conditions and potential investment opportunities.

City Avg Price Per Sq Ft Avg Size Available
Carterton £116 10,129 sq ft
Brize Norton £78 12,473 sq ft
Wantage £75 9,353 sq ft
Kingswood £135 6,430 sq ft
Quedgeley £61 26,939 sq ft

Rental Price Trends in Faringdon

The price per square foot range for Commercial Properties in Faringdon and nearby cities. These metrics help establish valuation benchmarks and highlight possible value opportunities in the market.

City Min £ Sq Ft Avg £ Sq Ft Max £ Sq Ft
Carterton £78 £116 £154
Brize Norton £78 £78 £78
Wantage £36 £75 £114
Kingswood £47 £135 £223
Quedgeley £47 £61 £76

Available Building Sizes

A summary of the current sizes of Commercial Property for sale in the Faringdon area. Refine your search based on space requirements and investment level.

City Smallest Property Avg. Sq Ft Largest Property
Carterton 7,784 sq ft 10,129 sq ft 12,473 sq ft
Brize Norton 12,473 sq ft 12,473 sq ft 12,473 sq ft
Wantage 1,485 sq ft 9,353 sq ft 17,667 sq ft
Kingswood 1,849 sq ft 6,430 sq ft 11,010 sq ft
Quedgeley 2,366 sq ft 26,939 sq ft 63,576 sq ft

You searched for commercial property for sale in Faringdon. Explore 1 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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