Station Road, Henley-on-thames, Oxfordshire
Size
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Tenure
Freehold
EPC
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Parking
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- Primary use
- High street retail
- Other use(s)
- Residential development
- Frontage
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Building amenities
Additional costs may apply for some services – please check the full property description for more details.
- Parking
- Transport links
- Well connected
Key features
- Freehold mixed-use investment opportunity
- Central Henley-on-Thames Location
- Two Existing One-Bedroom Apartments
- Current Residential Income of £21,390 per annum
- Vacant 749 sq ft ground floor commercial unit
- Planning permission for two additional one-bedroom apartments
- Potential for four-flat residential investment
- Off-street parking
- Approximately three minutes' walk from Henley railway station
- Not elected for VAT
Description
The ground floor is currently arranged as a self-contained vacant commercial unit with direct frontage onto Station Road, extending to approximately 749 sq ft (69.5 sq m) NIA.
The first floor comprises two self-contained one-bedroom apartments, currently producing a combined residential income of £21,390 per annum.
Planning permission has been granted for the conversion of the existing ground floor commercial accommodation to create two additional one-bedroom apartments, providing a purchaser with the opportunity to create a wholly residential investment comprising four self-contained flats.
The property also benefits from a small garden and off-street parking space.
The property is not elected for VAT
Location
The property occupies a convenient position on Station Road in the centre of Henley-on-Thames, approximately three minutes' walk from Henley railway station and a short walk from the town centre.
Henley-on-Thames is an attractive and affluent market town situated on the River Thames, offering an excellent range of independent retailers, national operators, restaurants, cafés and pubs.
The town benefits from good road communications, with access to the M4 at Junction 8/9 and M40 at Junction 6, together with regular rail services to London Paddington.
Accommodation
Ground Floor Commercial: 69.5 sq m / 749 sq ft
Flat 8A: 28 sq m / 301 sq ft
Flat 8B: 37 sq m / 398 sq ft
Areas provided by the landlord and not measured by BWP Commercial Property.
Current income
The two existing first-floor apartments produce a combined income of £21,390 per annum:
Flat 8A: £10,110 pa
Flat 8B: £11,280 pa
Planning
The ground floor currently benefits from Class E use, with the existing first-floor apartments falling within Class C3.
Planning permission has been granted for the conversion of the ground floor to provide two additional residential apartments under application reference P26/S2915/14B. The approved layout is shown on page 3 of the particulars.
EPC
Ground Floor: C
Flat 8A: D
Flat 8B: C
Business rates
The ground floor commercial accommodation has a current Rateable Value of £16,500.
- Service charge
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- Business rates
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- Use class
- E, C3
- Listed building
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- Floors in building
- 2
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- BREEAM rating
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- Environmental description
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Brochure
Station Road, Henley-on-thames, Oxfordshire
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Disclaimer - Property reference 8STATIONROAD. 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 BWP Commercial Property, Home Counties. 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.