Stert Street, Abingdon, OX14

Location

The property is located in Abingdon town centre and fronts onto Stert Street, close to Market Place. Nearby occupiers include Pizza Express, Starbucks and Costa Coffee and various other national multiples are located close by in Bury Street.

Abingdon is an attractive Thameside market town located just off the A34 trunk road and lies approximately 6 miles south of Oxford.

Description

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

The shop is occupied by an opticians and is well fitted with retail space to the front and two consulting rooms and a kitchen and WC's to rear . The flats are accessed from the rear of the property and each have a sitting room, kitchen, bathroom/WC and one bedroom.

Accommodation

Ground floor retail 1090 sq ft (101sq m) Net Internal Area

Flat 23a 518 sq ft (48 sq m)
Flat 23b 555 sq ft (52 sq m)
Total Flats 1073 sq ft (100 sq m) Gross Internal Area

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 £11,000 p.a. Current tenant Bayfields Z Ltd trading as Bayfields Opticians.
2. 23a - AST for 12 months from 01/06/24 - rent of £825 pcm. 3. 23b AST of 12 months from 09/05/24 at a rent of £875 pcm

Legal Costs

Each party to bear their own legal costs.

Joint Agent

Martin Conway at Conways Commercial.