£600,000 Guide Price

Oxford Road, Cowley, Oxford OX4

£600,000 Guide Price

3 Bedroom Flat For Sale

Oxford Road, Cowley, Oxford OX4


Key features


THE PROPERTY:

The premises are situated in a busy mixed commercial and residential area with various amenities nearby. It comprises commercial space on the ground floor and self-contained residential accommodation to the upper floors.

Rateable Values: The property is listed in the 2017 Rating List as follows: 136 Oxford Road – Shop & premises RV £10,500 Council Tax Bands: 136a Oxford Road - Band B

Planning: The ground floor uses now appear to fall within Use Class E (Commercial, business and service) which permits: retail, restaurant, office, financial/ professional services, indoor sports, medical and nursery uses along with “any other services which it is appropriate to provide in a commercial, business or service locality” The upper floors are residential. Interested parties are advised to make their own planning enquiries. Tenure: The freehold interest is to be sold subject to the following tenancies:

136 Ground Floor Lease £14,000pa until 17/11/2021 (Internal Repairing Lease. Inside L&T Act) 136A First and Second Floors Periodic AST £1,800pcm Periodic Granted 30/04/2017.

Further details upon request.

Opportunity: The property represents an opportunity to purchase a partially income producing investment with potential (subject to planning) to add value to the vacant parts. Legal Costs: Each party is to bear their own legal costs. VAT: All figures exclude VAT where chargeable. Further Information: For any further information please contact the joint agents.

A two and a half storey terraced building with a single storey extension to the rear. The front elevation is rendered with the ground floor having a retail display window and the benefit of a security steel roller shutter. The ground floor space is currently occupied as a gym and benefits from ceiling mounted spotlights, laminate flooring and gas central heating. There is a WC in the rear section. The upper floors are separately accessed from a small external courtyard and comprise a substantial 3-bedroom duplex with two bathrooms, living room and kitchen/diner. The flat also has the use of a roof terrace accessed from the corridor.

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Contact Parkers Witney

  • 63 High Street
  • Witney
  • OX28 6JA

Call 01993 708638

witney@parkersproperties.co.uk

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