Sheep Street, Bicester, Oxfordshire, OX26

Offers in region of

£650,000

Under offer

Size

3,129

Tenure

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EPC

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Parking

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Primary use
Out of town retail
Other use(s)
Land
Frontage
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No floor / site plan

Description

Rare mixed-use investment with residential development potential at rear. Located within the market town of Bicester which is between Oxford, Banbury and Milton Keynes.

The property forms part of a self-contained terrace building which is located in the heart of Bicester's most historically significant street. The demise is arranged over ground, first and second floors and has been multi let to two retail tenant and two residential tenants.

* £57,400 pa current rent income
* Initial Yield of 8.83%
* Residential development potential at rear unit




The subject property is located within the market town of Bicester which is between Oxford, Banbury and Milton Keynes. The town itself is surrounded by a wealth of commercial schemes such as the Catalyst, Axis J9 and Link 9. The demise is surrounded by a strong residential hub in addition to an abundance of amenities which are located in the town centre.

Bicester's main access points are via the A34 or the M40 which both adjoin at the Wendlebury interchange which links to the A41 directly into Bicester. The A34 leads direct to Oxford and further afield to the M4, and the M40 north bound leads to Banbury and Birmingham and also south to London. Direct routes to Buckingham and Milton Keynes are accessed via Bicester from the A4421 which adjoins to the A421.

Bicester offers two train stations, being Bicester North and Bicester Village. Both stations collectively provide direct routes to Birmingham, London, Oxford and further afield.

The town offers bus routes further to Buckingham and Milton Keynes via the X5, and to Oxford via the S5 bus route. Locally, bus routes from the Pioneer Square bus stop station provide access to neighbouring residential hubs and commercial services on the periphery of Bicester.


VAT is not applicable to the sale price.

See details attached

Strictly by appointment with agents.
Additional information
Service charge
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Business rates
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Use class
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Listed building
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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

Sheep Street, Bicester, Oxfordshire, OX26

NEAREST STATIONS

National Rail

Bicester North Station

0.34 miles

National Rail

Bicester Town Station

0.4 miles

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Disclaimer - Property reference 20014841FH. 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 Carter Jonas, Oxford. 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.