Co-Op Food & IVC, Kilburn Place, Didcot, Oxfordshire, OX11 9SH

Didcot, OX11 9SH

Available
 Co-Op Food & IVC, Kilburn Place, Didcot, Oxfordshire, OX11 9SH
Price £2,720,000
Rent (pa) £173,500
Yield 6%

Investment Summary

  • New build convenience store and veterinary practice investment in Didcot, South Oxfordshire

  • Didcot is a town in South Oxfordshire located approximately 15 miles south of Oxford, 15 miles northwest of Reading

  • The property is situated on Jim Cantore Way approximately 1 mile to the north of Didcot town centre

  • Located nearby to the access for Nobel Park, a major residential development of 634 residential dwellings

  • The property comprises the ground floor units of a recently developed four storey residential led development

  • Units 1-3 let to Co-Operative Group Food Limited for a term of 15 years wef 5th September 2025

  • Initial rent of £120,000 per annum to be reviewed five yearly in line with CPI annually compounded (1-3% cap and collar)

  • Unit 4 let to Independent Vetcare Limited for a term of 15 years wef 25th September 2025

  • Initial rent of £53,500 per annum to be reviewed five yearly in line with CPI annually compounded (1-4% cap and collar)

  • Total rental income of £173,500 per annum

  • AWULT of 14.60 years to expiries (no breaks)

  • Long leasehold for a term of 999 years at a peppercorn ground rent

Town Didcot
Postcode OX11 9SH
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