22 High Street, Woodstock, Oxfordshire, OX20 1TF

Interested parties should contact Knight Frank Auctions for further information.

Description
The property occupies a prominent location in the heart of Woodstock on the High Street at its juncture with Park Lane.

The property is arranged over ground and first floors, to provide a restaurant, shop together with a self-contained 3-bedroom flat. The flat is accessed from the rear of the property via Park Lane. The property also benefits from onsite parking.

The historic market town of Woodstock is located 8 miles north of Oxford, 12 miles west of Bicester Village and 34 miles east of Cheltenham.

FLOOR AREAS

Ground Floor Restaurant 236.26 sq m (2,543 sq ft)

Ground Floor Shop 81.70 sq m (879 sq ft)

First Floor - 4 bedrooms, 2 bathrooms, living room & kitchen

TENURE

Freehold

TENANCY

Restaurant - let to an Individual (t/a The Chef Imperial) for a term of 20 years from 2015 at £93,600 per annum. (Rent concession in place that the tenant currently pays £52,000 per annum) (2)

Shop let to Sue Ryder at £21,000 per annum. Lease expired in 2021. Tenant is currently Holding Over.

Flat - let to an Individual for a term of 20 years from 2015 at £12,000 per annum.

Total Passing Rent (exclusive) £126,600 per annum (2)

VAT

VAT not applicable

EPC RATING

See legal pack

PLANNING (1)

Any development potential is subject to the current tenancies, planning and all necessary consents/ permissions.

The property is not listed and within the Woodstock Conservation Area. West Oxfordshire District Council (

Location
The property is conveniently in the centre of this charming and historic Cotswolds market town. Woodstock is famed for Blenheim Palace, the birthplace of Winston Churchill and the ancestral home to the Dukes of Marlborough since 1705. It is a UNESCO World Heritage Site with grounds designed by Capability Brown and is one of the most impressive palaces in Europe.

The property is in the centre of the town which provides a number of shops, restaurants, hotels and boutique shops. Oxford City Centre is 8 miles to the south and Bicester Village is 12 miles to the east.

The nearby A44 provides access to Oxford, A34 and the M40. There are frequent buses into Oxford. London Oxford Airport is 2.7 miles away and there is a mainline train station at Oxford Parkway (London, Marylebone or London Paddington) and Long Hanborough. The Oxford Tube and other coach services are also available from Oxford to London Victoria, Heathrow and Gatwick airports.

London Oxford Airport is 2.7 miles here is an airfield for light aircraft at Kidlington. Good regional theatres are available in Oxford, Cheltenham and the world-famous RSC at Stratford upon Avon.

Occupancy
Tenanted

Tenure
Freehold

The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details
The sale of this property will take place on the stated date by way of and is being sold as Unconditional.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.

Auctioneer Fees and Deposit
The following deposits and non-refundable auctioneer fees apply:

• 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.

The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.

Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.