Adalta Real, Banbury

31 Sheep Street, Bicester, Oxfordshire, OX26 6JJ

£250,000

Size

823

Tenure

Freehold

EPC

Parking

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Primary use
High street retail
Other use(s)
Shop, Showroom, Cafe
Frontage
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No floor / site plan

Building amenities

Additional costs may apply for some services – please check the full property description for more details.

  • Transport links
  • Well connected

Key features

  • Investment for sale
  • Ground floor retail
  • Rental Income of £18,000
  • 10 year lease from 2022
  • High speed rail links to London and Birmingham.
  • Excellent access to the M40 at Junction 9 and the M1 at Junction 15a

Description

A two-storey retail investment Listed property in a central location on Sheep Street, the main shopping street in Bicester town centre.

The property comprises retail accommodation at ground floor with a WC to the rear. Stairs lead to the first floor, which has three separate rooms off a landing. The property is adjacent to Evans Walk, connecting to the Pioneer Square complex and its free 2 hour parking.

The Bicester area it benefits from excellent access to the M40 at Junction 9 and the M1 at Junction 15a. The town has high speed rail links to London and Birmingham. Bicester is one of the fastest growing towns in the country with excellent amenities including Bicester Village and Bicester Motion.

More particularly the property features:
- Investment for sale
- Ground floor retail
- Rental Income of £18,000
- 10 year lease from 2022
- High speed rail links to London and Birmingham.
- Excellent access to the M40 at Junction 9 and the M1 at Junction 15a

// Accommodation
Measurements are provided on a net internal area (NIA) basis:

Ground Floor Retail | 418 sq. ft. | 38.84 sqm |
First Floor Ancillary | 405 sq. ft. | 37.45 sqm |
Total Area | 823 sq. ft. | 76.52 sqm |


// Tenure
Freehold.


// Sale Price
£250,000


// Rental Income
The property was let on a 10 year lease in 2022 at a rental of £18,000 per annum.


// Services
Mains electricity, waste and drainage are connected. These services have not been tested by the agent.


// Insurance
The Landlord insures the building and recovers the premium from the Tenant.


// Business Rates
The rateable value is £17,750 the rates multiplier is 43.2p in the £.
For further information contact Cherwell District Council.


// EPC
31 Sheep Street has an Energy Performance Rating of C (71).


// VAT
All figures are quoted exclusive of VAT, purchasers and lessees must satisfy themselves as to the applicable VAT position, seeking appropriate professional advice.


// Legal Costs
Each party to bear their own legal costs incurred in this transaction.


// Subject to Contract
Adalta Real, Banbury

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Additional information
Service charge
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Business rates
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Use class
E
Listed building
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Floors in building
2
Energy performance certificate: C

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

31 Sheep Street, Bicester, Oxfordshire, OX26 6JJ

NEAREST STATIONS

National Rail

Bicester North Station

0.34 miles

National Rail

Bicester Town Station

0.4 miles

About Adalta Real, Banbury

Adalta Real, Banbury

Adalta Real Ltd specialises in all aspects of commercial property agency throughout the UK. We act as letting / selling & acquisition agents as well as development consultants for a wide range of clients. In addition we actively seek retail led mixed use and food retail development opportunities to develop 'in' house' or by way of joint venture agreements. Areas of interest include, but are not limited to, retail led mixed use schemes, strategic land promotion and roadside / food store development across the UK.

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Disclaimer - Property reference 31_SheepSt. 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 Adalta Real, Banbury. 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.