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Prime Retail Investment Opportunity in Oxford City Centre

Oxford, United KingdomUnlock address

83%

£9.550.000

Retail

#33371

Core+

4 Mar 2024

Property Details

Broker

For sale

16,435 sq.ft.

1,527 m²

Leasable area

581 £/sq.ft.

6,254 £/m²

8.00 %

2

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Oxford benefits from a large and highly affluent primary catchment population of 326,000 people. The property is held freehold. Total net income of £815,000 per annum. WAULT of 5 years to expiry and 2.8 years to break. Well-configured retail accommodation as a benefit of being relatively modern buildings following redevelopment circa 1972. Both are of steel frame construction and were subject to tenant fit-out works in 2016. Neither is listed, but both are within the Central City Conservation Area.