• For sale
Prime High Street Investment With 8 Years Unexpired In Oxford City Centre

For Sale

£2,223,000 GBP Pound Sterling

• Oxford is a world-renowned university city, with an affluent population and strong local economy.
• Well-connected with an extensive catchment population and key tourist destination, with approximately 7 million visitors each year.
• Premier retailing destination in the UK, attracting high profile domestic and international brands.
• 100% prime pitch situated on Queen Street opposite the new entrance to The Westgate Centre which has recently undergone redevelopment.
• An attractive 5-storey mid-terrace high-street property comprising 2,314 sq ft (214.97 sq m), arranged over basement, ground and three
upper floors.
• Let to Martin & Claire Andrew, trading as Essential for a term of 10 years from 27th September 2018, expiring 26th September 2028.
• Attractive income profile of over 8 years unexpired.
• Passing rent of 130,000 per annum (£261 ZA) subject to 5 yearly upwards only open market value rent reviews. The next review is September 2023.
• Freehold.

Property Details