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

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Commercial Properties for Sale Within 5 miles of the Watlington, UK

More details for The Meer, Benson - Land for Sale

The Meer

Benson, OX10 6GG

  • Land for Sale
  • 0.61 ac Plot

Benson Land for Sale - Wallingford

LAND SITUATED IN A STRATEGIC POSITION ON THE EDGE OF THE POPULAR SETTLEMENT OF BENSON TO THE SOUTHEAST OF OXFORD EXTENDING TO APPROXIMATELY 0.61 ACRES (0.25 HECTARES) LOCATION The property is situated on the northern edge of the popular village of Benson, within the administration of South Oxfordshire District Council, with frontage onto the B4009 via 'The Meer' from which access is provided. Benson is an attractive Oxfordshire village positioned adjacent to the River Thames and located approximately 11 miles southeast of Oxford and approximately 6 miles east of Didcot. Oxford is a regional city hub providing an extensive range of services and facilities including shops, restaurants, banks, sports centre, retail parks and supermarkets. Facilities in Benson include a Co-op groceries store, Pharmacy, Vet, Community Hall, Primary School, Recreation Ground, public houses and a post office. PROPERTY The Property is a triangular shaped parcel of land, extending to approximately 0.61 acres (0.25 hectares) comprising of predominantly grassland with some scrub vegetation. The Property is bound to the north, east and western boundaries by a new residential development, known as 'Chilton Grange'. The southern boundary adjoins existing residential properties to the south and provides access to the highway via 'The Meer'. PLANNING The Local Planning Authority is South Oxfordshire District Council. The Benson Neighbourhood Development Plan Review was made (adopted) as part of the district council's development plan on 14 March 2023 and identifies the property as a possible location for residential development, although the site is not allocated in the South Oxfordshire Local Plan 2035. An application (reference P04/E0285) for the erection of 8 dwellings, vehicular access and associated parking was submitted in 2004, but was withdrawn prior to determination in 2007. There have been no further known planning applications made. REGISTERED TITLE The land is registered with the Land Registry under Title Number ON9165. Please note that the existing Land Registry title plan includes land that is no longer within the Vendor's ownership. 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 South Oxfordshire District Council (https://www.southoxon.gov.uk/) RIGHTS OF WAY, EASEMENTS AND COVENANTS The land is subject to public footpath rights of way aligned along the eastern and western boundaries under footpaths reference numbers 125/11/20 and 125/12/10. SERVICES There are no known services currently available on the site. 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:

12/11/2024
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LoopNet UK Oxfordshire Commercial Properties For Sale in Watlington, UK

Learn More About Investing in Commercial Properties

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FAQs about Commercial Properties For Sale in Watlington

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How many Commercial Property listings are available for sale in Watlington?
There are currently 1 Commercial Properties available for sale near Watlington. These Watlington Commercial Property listings have an average size of. The largest available listing in Watlington is. The thriving commercial centre and excellent transport links in Watlington make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in Watlington?
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 Watlington 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 Watlington?
There is a diverse range of commercial properties available in Watlington to suit various business needs. Watlington offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 1 Watlington 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 Watlington, UK

Market Overview for Commercial Properties in Watlington

Key information for Commercial Properties investors in Watlington 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
Wallingford £207 3,785 sq ft
Stokenchurch £145 3,089 sq ft
Thame £244 2,449 sq ft
Henley On Thames £306 2,660 sq ft
High Wycombe £251 4,360 sq ft

Rental Price Trends in Watlington

The price per square foot range for Commercial Properties in Watlington 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
Wallingford £193 £207 £222
Stokenchurch £145 £145 £145
Thame £114 £244 £328
Henley On Thames £233 £306 £406
High Wycombe £35 £251 £477

Available Building Sizes

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

City Smallest Property Avg. Sq Ft Largest Property
Wallingford 1,677 sq ft 3,785 sq ft 5,892 sq ft
Stokenchurch 3,089 sq ft 3,089 sq ft 3,089 sq ft
Thame 898 sq ft 2,449 sq ft 4,100 sq ft
Henley On Thames 900 sq ft 2,660 sq ft 6,816 sq ft
High Wycombe 1,950 sq ft 4,360 sq ft 9,300 sq ft

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