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12 bedroom detached house for sale

250 & 250A Iffley Road, Oxford, OX4

Offers in Excess of £3,000,000

Property Description

Key features

  • Currently a successful small hotel with an adjoining substantial modern detached home
  • Ample parking
  • Large south westerly facing enclosed gardens
  • Tremendous scope for enlargement and alteration (subject to planning)
  • Over 6000 sq ft accommodation in total
  • EPC Rating = F

Full description

Tenure: Freehold

Rare hotel and residential opportunity

Location

Iffley Road is one of the main thoroughfares which links the centre of Oxford to the A4142 Eastern By Pass Road which provides immediate access to the A34 (west) and M40 (north). The subject properties are positioned on the western side of Iffley Road approximately 1.5 kms (1 mile) from the city centre.

Oxford railway station is also less than 3 kms (2 miles) away. The hotel and dwelling are directly opposite the renowned Magdalen Arms public house and independent boutique cafes.

Description

Price
Offers in excess of £3 million for both properties are invited. Alternatively on an individual basis the hotel is available at a guide price of £1.75 million and the residential house at a guide price of £1.35 million.

Manor House Hotel, 250 Iffley Road

The property comprises an attractive Victorian detached building arranged over four floors with basement also, which extends to circa 4,500 sq ft. Internally the building comprises a lobby, entrance hall, three reception rooms including a residents lounge, breakfast/dining room with bar servery,
kitchen, utility room and ten letting bedrooms (nine en-suite). There is a cellar also at basement level.

250a Iffley Road
This detached residential dwelling was built in 1983 and comprises a kitchen, lounge, dining room, utility room and WC on the ground floor. The first floor provides two double bedrooms (one en-suite), single bedroom and bathroom. At second floor level there are a further two en-suite bedrooms.
Both properties share a large lawned south westerly garden to the rear. At the front there are approximately 10 car parking spaces.

Square Footage: 6,278 sq ft

Additional Info

Planning
250 Iffley Road has C1 Hotel consent.
250a Iffley Road has C3 Residential consent.

Fixtures & Fittings
All fixtures and fittings within the hotel (250 Iffley Road) are included. The fixtures and fittings within the residential dwelling (250a Iffley Road) are personal to the Vendor and therefore are not included.

Rating And Council Tax
The subject property is listed in the 2017 Rating List with a Rateable Value of £28,950. The National Multiplier for England and Wales for 2018/19 is £0.493.

250a currently sits within ‘Band F’ and therefore for the financial year beginning 1 April 2018 an annual liability of approximately £2,758.58 is payable.

Business
The hotel attracts mainly leisure guests looking to visit Oxford. It is currently operating on a 50% occupancy basis and the tariff charged is approximately £89 for a single and £118 for a
double inclusive of breakfast, throughout the year.
Additional information will be provided upon
request.

Energy Performance
The hotel has been awarded a ‘D67’ rating. The EPC
will be provided to seriously interested parties upon
request. The EPC for the residential dwelling has
been commissioned.

Tenure & Possession
The properties are held freehold and vacant possession will be provided upon completion.


More information from this agent

Listing History

Added on Rightmove:
21 February 2019

Map & Street View

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