New Hanney Spice, 1 School Road, West Hanney, Wantage, Oxfordshire, OX12 0LA

For sale by Online Auction - 15th of October 2025.



INCOME GENERATING RESTAURANT & ACCOMODATION TO BE SOLD AT AUCTION

Description
THIS RESTAURANT AND 4 BED APARTMENT ARE GENERATING AN ANNUAL INCOME OF £32,400 PER ANNUM

25 YEAR FRI LEASE FROM 2009 NO BREAK CLAUSE (EXPIRE 2034) NEXT RENT REVIEW 2029

Ground floor compromises Kitchen, toilets and restaurant with 52 covers; to the 1st floor is the 4 bedroom accommodation, the freehold detached building is situated on a plot of 0.2 acres giving ample parking for over 18 cars.

Situated in the heart of West Hanney, Oxfordshire yet with lovely views over open countryside. Living at Winters Rise offers the best of both worlds. This rural retreat is well served for restaurnts and pubs and is less than 4 miles away, the market town of Wantage offers Waitrose and Sainsbury's supermarkets. Here you will also find a good choice of traditional independent shops along with many of the high street chains. There are plenty of cafes, pubs and restaurants in this bustling town, along with a market every Wednesday and Saturday. The Hanneys enjoy easy road access to the larger towns of Abingdon on Thames (6 miles) and Didcot (7 miles), for a wide array of shopping and leisure activities. The city of Oxford, a centre for culture and home to one of the world's leading universities, is just 14 miles from the development, via the A420.


Legal Pack
A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction. To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.

Auction Information
To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.

UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 6%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).

Pre Auction Offers Are Considered
The seller of this property may consider a pre-auction offer prior to the auction date. All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit. To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online. To find out more information or to make a pre-auction offer please contact us.

Special Conditions
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion. The legal pack is available to download free of charge under the LEGAL DOCUMENTS'. Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.