2 Market Place, Didcot, Oxfordshire OX11 7LE

£185,000

Size

559

Tenure

Leasehold

EPC

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Parking

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Primary use
High street retail
Frontage
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No floor / site plan

Key features

  • Rental Income: £15,000 p.a.
  • Gross Initial Yield: 8.11%
  • Comprises ground floor retail unit t/a Bubble Tea Shop
  • VAT is applicable to this property. TOGC available.
  • Situated in the heart of Didcot town centre, prominently position on the north side of Broadway
  • Occupiers nearby including Puregym, Iceland, Scrivens, Holland & Barrett, TG Jones and Subway.

Description

Investment Consideration:
Gross Initial Yield: 8.11%
Rental Income: £15,000 p.a.
VAT is applicable to this property. TOGC available.
Comprises ground floor retail unit t/a Bubble Tea Shop
Situated in the heart of Didcot town centre, prominently position on the north side of Broadway
Occupiers nearby including Puregym, Iceland, Scrivens, Holland & Barrett, TG Jones and Subway.

Property Description:
Comprises ground floor retail shop, providing the following accommodation and dimensions:
Ground Floor: 52 sq m (559 sq ft)
Open plan retail, storage, wc

Tenure:
Long leasehold. Held on a 999 year lease from 2026 at a ground rent of peppercorn.

Tenancy:
The property is at present let to an Individual for a term of 8 Years from 23rd June 2023 at a current rent of £15,000 per annum and the lease contains full repairing and insuring covenants. Rent review on 23.06.27 open market upward only. Tenant option to determine on 23.06.27 with min 6 months notice. Deposit held of £3,750 + VAT

Location:
The property is situated in the heart of Didcot town centre, prominently position on the north side of Broadway. The property benefits from being a short walk to Didcot Parkway Railway Station and some 50 metres from The Orchard Centre, home to occupiers including Sainsbury's, Currys, Nandos, Burger King, McDonal's, Shoezone and Holland & Barrett. Other nearby occupiers include Puregym, Iceland, Scrivens, TG Jones and Subway.
Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Leasehold: 999 years left
Tenure
Leasehold
Length of lease
999 years left
Energy performance certificate: Ask agent

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

2 Market Place, Didcot, Oxfordshire OX11 7LE

NEAREST STATIONS

National Rail

Didcot Parkway Station

0.39 miles

National Rail

Appleford Station

2.31 miles

National Rail

Culham Station

3.28 miles

About BLUE ALPINE PARTNERS LIMITED, London

BLUE ALPINE PARTNERS LIMITED, London

Blue Alpine is a UK-wide property consultancy based in central London, focusing on commercial property, developments and residential blocks. Our services include disposals, acquisitions, lettings, auction advice, planning and architecture, dilapidations, and surrenders of leases.

Blue Alpine plans and delivers solutions that manage risk, optimise benefits, and expand the power of capital to protect and strengthen portfolios. By employing a transparent and consultative approach, we can assess and manage your current portfolio to devise a forward-looking investment plan and, if necessary, an exit strategy.

We are dedicated to disrupting the commercial property industry by delivering exceptional solutions that prioritise honesty, transparency, integrity, and providing an unparalleled client experience. Our team consists of knowledgeable professionals with a strong background in commercial property, enabling us to help clients around the world turn property into a path for growth.

Together, we unlock potential.

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Disclaimer - Property reference 2marketplacedidcot. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by BLUE ALPINE PARTNERS LIMITED, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.