St. Andrews Court, Thame, Oxfordshire, OX9

Location:
The offices are located in St Andrews Court which is a purpose built office building in central Thame, Oxfordshire. Part of the site has recently been converted to residential apartments with offices A & B being the only remaining commercial. Thame is a historic Oxfordshire market town of about 13,300 residents, with a charming boat-shaped High Street featuring medieval, Georgian and Victorian architecture popular with commuters. Thame is served by Haddenham & Thame Parkway station (Chiltern Railways), frequent buses, the Phoenix Trail cycleway, and easy road access via the A418 to Oxford/Aylesbury plus the M40 at J6-J8A to London and Birmingham.

Description:
Office A is predominantly located over the 1st floor with some space at 2nd floor level. It is currently let to Fizz Accounting Ltd. Office B is situated over ground, 1st and 2nd floors and is let to Affinity Trust on a new lease. The offices benefit from ample parking which is on a shared basis with Thame Snooker Club who use them in the evenings.

Areas:
Office A 193 sqm. 2065sq ft.
Office B 374 sqm. 4001 sq ft.
TOTAL 567 sqm. 6,066 sq ft.

NB. Information provided by the Vendor, not measured by BWP
Commercial Property.

Tenancies:
Fizz Accounting Ltd are a local accountancy firm and occupy Office A having renewed their lease for a term of 10 years from 13th September 2024. There is a break in September 2027, the rent is £30,000 pa. Affinity Trust occupy having relocated from another part of the building, have signed a new 15 year lease with breaks at year 5 and 10. The initial rent is £72,800 pa. The rent is to be reviewed at year 5 and 10 linked to CPI.

Service Charge:
TBC

Proposal:
We are instructed to offer the Long Leasehold interest for sale at a Guide Price of £1,250,000 exclusive of VAT. Subject to Contract.