£435,000

Retail premises for sale

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Just added

Guide price

£435,000

(£256.03/sq. ft)

Retail premises for sale

St. Martins Street, Wallingford OX10

1,699 sq. ft

Local area information

Property location

Nearby amenities

  • St John's Primary School 0.2 miles
  • Wallingford School 0.4 miles
  • Cholsey 2.4 miles
  • Didcot Parkway 5.1 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Wallingford to find out more about the local area.

Features and description

* Available as a single lot or with two other similar investments in Thame & Abingdon*
Description

The property comprises a a ground floor retail unit with a self contained two bedroom flat on the upper floors. To the rear there is access and car parking.

The retail unit is occupied by an opticians and is well fitted with retail space to the front and two consulting rooms and a kitchen and WC to rear . The flat is accessed from the rear of the property and has a sitting room, kitchen, bathroom/WC and two bedrooms.
Accommodation

Ground floor retail 787 sq ft (73 sq m) Net Internal Area

First floor residential 607 sq ft (56 sq m)
Mezzanine floor residential 305 sq ft (28 sq m)
Total Flat 912 sq ft (84 sq m) Gross Internal Area
Lease terms

The accommodation is let as follows:
1. Ground floor - a 15 year full repairing lease (subject to a a schedule of condition) from 29th September 2013 with 5 yearly rent reviews and 5 yearly break clauses. The current rent passing is £17,500 p.a. Current tenant Bayfields Z Ltd trading as Bayfields Opticians.
2. Flat - let on an AST originally from 1st April 2018 and extended for 2 months from 1st October 2024 at a rent of £1,100 pcm.

Current rental Income £30,700 p.a.
Guide price

£435,000

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. Oxfordshire
  4. Wallingford
  5. St. Martins Street