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St. Clements Street, Oxford, Oxfordshire, OX4

Key features

  • Freehold investment opportunity in thriving City Centre location
  • Ground floor retail unit with four bedroom flat over.
  • Retail unit currently let to Rachels Cafe, an independent family run Malaysian inspired cafe.
  • Flat currently let on an AST to August 2025 (with an HMO licence.)
  • Potential reversionay yield in the region of 6.45%

Description

DESCRIPTION
The property is set within an attractive period terrace and consists of ground floor retail area with kitchen / storage area to the rear and further useful ancillary basement storage area. There is access to the rear of the ground floor into the kitchen / storage area via Alan Bullock Close.

To the first, second and third floors there is flat with kitchen, shower/WC and five bedrooms, one of which is being used as a living room. Currently let as student accommodation which is accessed from St Clements Street.

Renovated in 2014 and also refurbished in 2021 when work on the roof and walls was carried out.

Externally there is one parking space for the retail unit to the rear.

LOCATION
The property is located in a prominent position fronting onto St. Clements Street, near to The Plain roundabout, which is one of the main arterial routes into Oxford from the east.

Oxford centre is within ¾ mile to the west and the ring road lies approximately 2 miles to the east.

ADDITIONAL INFORMATION
• 2,813 sq ft / 260 sq m
• £47,600 pa current rent income
• Potential reversionary yield of 6.45%

EPC rating retail B
EPC rating residential E

Retail Rateable Value £8,200
Council Tax Band D (residential)

Mains electricity, water and drainage connected

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: E
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Ask agent
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
No wheelchair access

St. Clements Street, Oxford, Oxfordshire, OX4

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About Carter Jonas, Oxford

Mayfield House, 256 Banbury Road, Oxford, OX2 7DE
Industry affiliations:

Carter Jonas LLP is a leading UK property consultancy. It is renowned for the quality of its service and expertise of its people. With a network of 37 offices across England and Wales, it employs more than 700 partners and staff, with 25 equity partners. It helps its clients sell, let, manage and add value to their properties, whether they be residential homes, farms and estates, development land, offices, industrial or retail buildings.

  • Why choose Carter Jonas?

    Established

    Established in 1855, we have over 160 years of professional experience.

    Approachable

    We offer an approachable, friendly and personal service.

    Invested

    As a partnership, we are powered by our people who are heavily invested in, and committed to your success.

    Resourceful

    Our resourceful in-house marketing, PR and research team ensure that we have the tools, skills and creative energy to promote your property in the strongest way.

    Adaptable

    In an industry that is ever evolving, we pride ourselves on our ability to be adaptable to market changes and strive to constantly improve the service you receive.

    Professional

    A main factor that differentiates us is our professional accreditations, most of our partners are qualified chartered surveyors, bringing with them a wealth of specialist knowledge.

    Available

    We are available 24 hours a day, 365 days a year

    Local & National

    We love where we live and work, caring deeply about the local community and environment. With our national network of 37 offices, including 13 in central London, we are best placed to market your property across the UK and overseas.

    Honest

    Our ethos is built on honest advice. We enforce this by offering complete transparency via access to our member's hub, allowing sellers to monitor the marketing and sale of their property.

    Diverse

    Carter Jonas is so much more than just an estate agent. We are a diverse business with a cross-section of expert teams, meaning that we can offer advice on any property requirement.

  • Looking for an up to date market appraisal?

    Look no further, our knowledgeable sales team are here to give you a well-informed and up to date market appraisal.

    Please call 01865 511444 option 1 and we will be happy to book you in!

    Alternatively, if you are interested to know how much your property is worth, please visit the link below for a free and instant online estimate.

    instant.carterjonas.co.uk

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Disclaimer - Property reference OXF240103. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Carter Jonas, Oxford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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