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92-94 London Rd
1,129 SF 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
| Price | £475,000 | Building Class | B |
| Unit Size | 1,129 SF | Number of Floors | 3 |
| No. Units | 1 | Typical Floor Size | 1,233 SF |
| Total Building Size | 7,906 SF | Year Built | 1997 |
| Property Type | Retail (Unit) | Lot Size | 0.46 AC |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.42/1,000 SF |
| Sale Type | Investment or Owner User |
| Price | £475,000 |
| Unit Size | 1,129 SF |
| No. Units | 1 |
| Total Building Size | 7,906 SF |
| Property Type | Retail (Unit) |
| Property Subtype | Storefront Retail/Residential |
| Sale Type | Investment or Owner User |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 1,233 SF |
| Year Built | 1997 |
| Lot Size | 0.46 AC |
| Parking Ratio | 2.42/1,000 SF |
1 Unit Available
Unit 94
| Unit Size | 1,129 SF | Unit Use | Retail |
| Price | £475,000 | Sale Type | Investment or Owner User |
| Price Per SF | £420.73 | Tenure | Long Leasehold |
| Unit Size | 1,129 SF |
| Price | £475,000 |
| Price Per SF | £420.73 |
| Unit Use | Retail |
| Sale Type | Investment or Owner User |
| 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
Amenities
- Bus Route
- Dedicated Turn Lane
- Security System
- Storage Space
- Air Conditioning
Nearby Major Retailers
-
Bruce Raybould -
Marriotts
Presented by
92-94 London Rd
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