Mixed Use Investment - Thame - FREEHOLD FOR SALE

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*Available as a single lot or with two other similar investments in Abingdon & Wallingford*

DESCRIPTION
The property comprises a a ground floor retail unit with a self contained one bedroom flat on the upper floor. To the rear there is access and allocated car parking.

The retail unit is occupied by an opticians and is well fitted with retail space to the front and two consulting rooms and a kitchen and WC to rear . The flat is accessed from the rear of the property and has a sitting room, kitchen, bathroom/WC and one bedroom.

ACCOMMODATION

Ground floor retail 633 sq ft (59 sq m) Net Internal Area

First floor flat 656 sq ft (61sq m) Gross Internal Area

TERMS
The accommodation is let as follows:
1. Ground floor - a 15 year full repairing lease (subject to a a schedule of condition) from 29th September 2013 with 5 yearly rent reviews and 5 yearly break clauses. The current rent passing is £16,700 p.a. Current tenant Bayfields Z Ltd trading as Bayfields Opticians.
2. Flat - let on an AST initially for 8 months from 27/09/21 at a rent of £800 pcm now a periodic tenancy arrangement.

Current total rental income £26,300 p.a.

GUIDE PRICE
£375,000