Highly reversionary prime retail and residential investment in Chipping Norton, Oxfordshire.
Chipping Norton is a charming market town in Oxfordshire, approximately 20 miles north west of Oxford, 30 miles to the east of Gloucester and 65 miles northwest of London.
The immediate locality is made up of attractive period era buildings and provide a mix of commercial and residential dwellings.
The property comprises a terrace of high street retail premises of between 3 - 4 storeys, upper floor residential apartment and a separate light industrial workshop to the rear.
The ownership includes Your Co-Op food store and parking to the rear (sold off LLH).
Total site area of 2.25 acres.
Total gross internal floor area of 20,053 sq ft.
Let to 9 tenants including The Sue Ryder Care, QD Market Towns and other independent businesses / private individuals.
Vendor to provide 12 month rental top ups on the vacant units.
AWULT of 3.7 years to expiry, 0.85 years to breaks. Total topped up rental income of £193,200 per annum.
Estimated rental value of £297,500 per annum. Freehold
