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Agent's details

Sheep Street, Bicester, Oxfordshire, OX26

For sale: £850,000.00|3,129 Sq Ft|General Retail, Other, Restaurants/Cafes, Residential, Land, Retail, Other Property Types & Opportunities, Licensed & Leisure, Commercial Land

Property details

FOR SALE£850,000.00
SIZE3,129 Sq Ft
ADDRESSSheep Street, Bicester, Oxfordshire, OX26
TYPEGeneral Retail, Other, Restaurants/Cafes, Residential, Land, Retail, Other Property Types & Opportunities, Licensed & Leisure, Commercial Land
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON4th April 2024

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 6.75%
* Residential development potential at rear unit
* Reversionary yield of 7.55%

( Agency Pilot Software ref: 20014841 )

Location

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Location: Sheep Street, Bicester, Oxfordshire, OX26

Bicester Town (0.3 miles)

Bicester North (0.4 miles)

Islip (6.3 miles)

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