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A fantastic opportunity to acquire a mixed use investment premises, comprising an A1 retail premises at ground floor and a 3 bedroom self contained HMO above, fully let and income producing.

For sale: £625,000.00|1575 Sq Ft|Flat, General Retail, Mixed Use, Residential, Retail, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£625,000.00
SIZE1575 Sq Ft
ADDRESS74 Botley Road, Oxford, Oxfordshire, OX2 0BU
TYPEFlat, General Retail, Mixed Use, Residential, Retail, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON20th November 2019

DESCRIPTION

A fantastic opportunity to acquire a mixed use investment premises, comprising an A1 retail premises at ground floor and a 3 bedroom self contained HMO above, fully let and income producing.

Fully let A1 Retail/HMO investment
Long standing retail tenant.
Popular and prominent location.
freehold

An attractive, fair faced brick built, Victorian premises under a slate roof. The property is arranged over arranged over 3 levels and has previously been extended to the rear. It is presented in good order throughout.

The ground floor comprises a self contained A1 retail unit, extending to approximately 665 sq ft NIA, trading as "The Tattooed Hare", a popular, established, tattoo parlour that have traded since 2013. The lease is held in the personal names of the tenants, on a term expiring 23/09/2020, at a rent of £15,000 per annum.

The upper floor residential premises is a licenced HMO and is accessed from the street by way of a door way to the left hand side of the frontage. The maisonette is arranged as a living / dining room, bedroom, kitchen and shower room at 1st floor, with a further 2 bedrooms on the 2nd floor. The uppers have been continuously let for a number of years and on the basis of an annual assured shorthold tenancy which is currently generating an annual rent of £20,760.

To the rear is a garden / yard area, the full width of the property, extending to approximately 40'.

Copies of the lease documents and a floor plan are available to view within the microsite data room.

Viewing arrangements
Strictly by appointment with the sole selling agents.

Legal costs
Each party to bear their own costs incurred in the transaction.

LOCATION

Location: 74 Botley Road, Oxford, Oxfordshire, OX2 0BU

Oxford (0.3 miles)

Radley (4.8 miles)

Islip (5.3 miles)

AGENT'S DETAILS

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