Commercial Property for sale

The Roundway, Headington, Oxford, Oxfordshire

Under Offer £500,000

Property Description

Key features

  • Freehold
  • Spacious retail unit
  • Three double bedroom flat
  • Business owner/occupier opportunity
  • Rare investment opportunity
  • Circa 6% gross yield as is
  • Renovation potential
  • Development potential

Full description

Tenure: Freehold

A rare opportunity to purchase a freehold retail premises and residential property.

The retail unit is extremely spacious and currently holds Class A1 planning but also has strong potential to be able to obtain planning for A3 or A5 (subject to successful application to Oxford City Council) In addition such is the size of the premises it has huge potential for renovation/development at the rear (subject to planning) The vendor has received multiple enquiries for the retail premises without any form of marketing, demonstrating the high demand for this type of retail unit.

The parking area at the rear of the retail premises also offers strong potential for extension/development (subject to planning)

The business premises in its current form has a recommended market rent of circa £15,000 per annum, exclusive of rates.

The residential property attached is a three double bedroom flat over three floors. The property comprises of a small garden and pathway leading to the entrance, with the kitchen and small hallway located on the ground floor. On the first floor there is a hallway which leads to a bathroom and toilet and 'either' one large double bedroom, one good size double bedroom and a spacious lounge, or a large double bedroom, lounge and separate dining room. The second floor consists of a small office space at the top of the stairs and one large double bedroom. The property also comes with one garage.

The property has huge potential for renovation/extension/development with strong possibility of obtaining a HMO license (subject to succesfull application to Oxford City Council)

The property in its current form has a recommended market rent of circa £1,250 per calendar month

Energy Performance Certificate (EPC) graphs

Nearest stations

  • Oxford (3.3 mi)
  • Oxford Parkway (4.5 mi)
  • Islip (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Northwood, Oxford

70 St. Clements Street, Cowley, Oxford, OX4 1AH

01865 809265 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Northwood, Oxford

70 St. Clements Street, Cowley, Oxford, OX4 1AH

01865 809265 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Oxford (3.3 mi)
  • Oxford Parkway (4.5 mi)
  • Islip (4.8 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Northwood, Oxford

70 St. Clements Street, Cowley, Oxford, OX4 1AH

01865 809265 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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