St. Martins Street, Wallingford, Oxfordshire, OX10

Location:
Wallingford is a historic market town in South Oxfordshire, set along the River Thames. The town offers a range of independent shops, cafes, and restaurants, and its central market square hosts a range of local events including weekly farmers' markets.

With excellent transport links, Wallingford is a short drive from Oxford, Reading, and London. The nearest train stations include Cholsey and Didcot Parkway, with both stations providing frequent services to London Paddington, Reading, and Oxford. From Didcot, services to the West Country and Wales operate regularly.

Surrounded by scenic countryside, Wallingford also provides a mix of commercial, retail, and residential spaces, making it an attractive location for both living and investment.

Description:
The ground floor shop measures 787sq ft and is currently let to Bayfields Opticians. It is split into a reception area and consulting rooms.

There is a large yard area to the rear with exclusive use to the retail tenant, with access of
Goldsmith's Lane.

Tenancy:
The ground floor shop is currently let to Bayfields who are a well-established nationwide optician that has been trading successfully for over 20 years, they have 51 stores nationwide.

The shop is let on a 15-year Lease from 2013 expiring 28 September 2028 at a passing rent £17,500 pa. The lease is effective FRI, with Landlord able to recover costs via a Service Charge. The Tenant has exclusive use of the car park at the rear of the property.

Planning:
The property currently has Class E(c) Use.

Areas:
Ground Floor: 73.11 sqm. 786.95 sq ft.
Car Park 131.94sqm. 1,420.19sq ft.
NB. Information provided by the Vendor, not measured by BWP Commercial Property.

Freehold Title:
Title number ON189025

Business Rates
The Rateable Value of the retail unit is £15,250. For rates payable enquiries should be made directly with the Local Authority.

VAT:
The property is not elected for VAT.

EPC:
Energy Rating of B, valid until 23 July 2034.

Proposal:
We are instructed to offer a 999-year Lease of the ground floor at a guide price of £200,000 exclusive of VAT. Subject to Contract.