Retail in Newton Purcell available for sale
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Retail Properties for Sale near the Newton Purcell, Bicester

Retail Properties for Sale Within 5 miles of the Newton Purcell, Bicester

More details for 14 Market Sq, Buckingham - Retail for Sale

14 Market Sq

Buckingham, MK18 1NW

  • Retail for Sale
  • £275,000
  • 670 sq ft

Buckingham Retail for Sale

Investment Consideration: Rental Income: £500 p.a. ERV: £24,500 p.a. GIY: 8.91% VAT is NOT applicable Comprises ground floor retail premises with ancillary accommodation at basement and two residential flats on first and second floor, which have been sold off on long leaseholds Occupiers close by Boots Opticians, WH Smith, Barclays and Lloyds Bank, amongst others. Property Description: The property is arranged on basement, ground and two upper floors to provide ground ?oor retail shop (former cafe) with storage at basement and two self-contained ?ats above (sold off on long lease), which are accessed from Market Hill at the rear of the property. The property provides the following accommodation and dimensions: Ground Floor: 45 sq m (480 sq ft) Open plan seating area, kitchen, wc Basement: 17 sq m (190 sq ft) Open plan storage First/Second Floor: 2 Residential Flats (sold-off) Total area size: 62 sq m (670 sq ft) Tenancy: The retail shop is at present vacant. ERV: £24,000 p.a. Flat 1 has been sold-off on long leasehold for a term of 150 Years from 1st February 2018 at a ground rent of £250. Reversion 2268. Flat 2 has been sold-off on long leasehold for a term of 150 Years from 1st February 2018 at a ground rent of £250. Reversion 2268. Location: Buckingham is an attractive market town situated 12 miles west of Milton Keynes, 20 miles south of Northampton and 25 miles north-east of Oxford. The M40 (Junction 10) is situated 12.5 miles to the west and the M1 is 15 miles to the east. Buckingham is well served by the A422 and A43 providing direct links to the M40 and M1. The town is home to the University of Buckingham, whilst both Stowe School and Akeley Wood School are a short distance to the north. The properties are situated on the north side of Market Square in the town centre, close to the junction with Bridge Street and West Street. Occupiers close by include Barclays Bank, WH Smith, Oxfam, Lloyds Bank, NatWest, Post Office, Betfred, M&Co among others.

Contact:

Blue Alpine Partners Ltd

Property Subtype:

Shopfront Retail / Residential

Date on Market:

27/11/2024

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FAQs about Retail property for sale in Newton Purcell

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How many Retail Property listings are available for sale in Newton Purcell?
There are currently 0 Retail Properties available for sale near Newton Purcell. These Newton Purcell Retail Property listings have an average size of. The largest available listing in Newton Purcell is. The thriving commercial centre and excellent transport links in Newton Purcell make it an ideal location for businesses to find suitable Retail Property for sale.
How much does it cost to buy Retail Property in Newton Purcell?
The average price/SF for Retail Property for sale in Newton Purcell is about. The cost per sq ft for Retail Property in Newton Purcell ranges from to , depending on the location and the size of the property.
What factors could affect the prices of Retail Properties in Newton Purcell?
Several factors can impact the price of Retail Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices currently range from to per square foot. While the average net initial yield for Retail Properties is.
What is the largest Retail Property available for sale in Newton Purcell?
Currently, the largest Retail Property available to buy is and the smallest is. The average size of Retail Property available for sale in Newton Purcell is approximately.
What are the benefits of investing in retail property?
Retail property can offer long-term rental income, especially with established tenants. High street shops, shopping centres, and neighbourhood parades all offer opportunities for stable yields, with leases often structured on full repairing and insuring (FRI) terms.
What risks should I consider when buying retail property?
Risks include tenant turnover, void periods, changes in consumer habits, and local competition. Location is key—properties in well-trafficked or affluent areas tend to be more resilient to market shifts.
How does lease length affect retail property investment?
Longer leases (typically 5–15 years) can provide more predictable income. Some leases include upward-only rent reviews, which help protect returns over time. It's important to review break clauses and rent-free periods during due diligence.
What types of tenants occupy retail property?
Retail tenants include national chains, local independents, convenience stores, restaurants, salons, and service providers. National brands may offer greater covenant strength, while independents can offer flexibility and local appeal.
Do I need planning permission to change a retail property's use?
Most retail units now fall under Class E, which allows changes of use between shops, cafés, offices, and some medical or fitness uses without full planning permission. However, local restrictions or conservation areas may require additional consent.

Discover More Retail Properties for Sale in the Newton Purcell, Bicester

With 0 retail units currently available for sale in Newton Purcell, the area presents a solid opportunity for investors seeking income-producing commercial property. Shops and retail premises remain a resilient asset class in Newton Purcell, particularly in high-footfall streets, suburban centres, and growing residential areas. Investors can choose from single-let high street shops, parade investments, convenience stores, and mixed-use buildings with both retail and residential components. Tenants often include local independents, cafés, national chains, and essential services such as pharmacies or food outlets, providing reliable rental income and long-term potential.

When purchasing a retail property in Newton Purcell, key considerations include location footfall, tenant strength, lease terms, and scope for asset management. Prime areas close to transport links, schools, or densely populated neighbourhoods are typically in higher demand. Investors should assess the EPC rating, permitted use under Class E, and whether there’s potential to convert upper floors or reconfigure the unit. Well-let shops with full repairing and insuring (FRI) leases and upward-only rent reviews offer strong yield stability, while underused stock may present redevelopment or repositioning opportunities. With the right due diligence, retail units in Newton Purcell can form a valuable part of a diversified investment portfolio.

  • Footfall & visibility: Prioritise high street, corner, or parade locations with strong local catchments
  • Tenant covenant: Assess trading history, sector resilience, and lease security
  • Lease structure: Favour long-term FRI leases with upward-only rent reviews
  • Permitted use: Class E properties offer flexibility for shops, cafés, clinics, or services
  • Rental yield & growth: Evaluate rent levels and local demand for retail space
  • Repositioning potential: Consider refurbishment, signage improvements, or upper floor conversion
  • Exit strategy: Plan for long-term hold, break-up, or onward sale to owner-occupiers or funds

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