Prominent Retail Investment in Historic Market Town
Let to tenant trading as Efes Barbers
Lease expires July 2030 (no breaks)
Prominent location on pedestrianised Market Place opposite Abingdon County Hall Museum
Affluent and attractive historic Market Town
Short walk from Bury Street Shopping Centre, with other nearby occupiers including FatFace, Savers, JD Wetherspoon & Costa Coffee
Lot 2
Auction 4th November 2021
Rent £15,000 per Annum Exclusive
Status Sold
Price £158,000
Sector High Street Retail
Auction Venue Live Streamed Auction
Property Information
Location
Miles
6 miles south of Oxford
Roads
A34, A40, M40
Rail
Didcot Parkway
Situation
Abingdon is an attractive town situated on the River Thames, approximately 6 miles south of Oxford. The town has good communications with easy access to the A34, which leads to the M4 to the south and the Oxford ring road and the M40 to the north. The property is situated in a prominent and central position on the south side of the pedestrianised Market Place, close to it's junction with High Street. The property is a short walk from Bury Street Shopping Centre, and benefits from nearby parking and bus routes. Other nearby occupiers including FatFace, Savers, JD Wetherspoon & Costa Coffee.
Tenure
Long Leasehold. 999 years from January 2006 at a peppercorn rent.
Location
Miles
6 miles south of Oxford
Roads
A34, A40, M40
Rail
Didcot Parkway
Situation
Abingdon is an attractive town situated on the River Thames, approximately 6 miles south of Oxford. The town has good communications with easy access to the A34, which leads to the M4 to the south and the Oxford ring road and the M40 to the north. The property is situated in a prominent and central position on the south side of the pedestrianised Market Place, close to it's junction with High Street. The property is a short walk from Bury Street Shopping Centre, and benefits from nearby parking and bus routes. Other nearby occupiers including FatFace, Savers, JD Wetherspoon & Costa Coffee.
Tenure
Long Leasehold. 999 years from January 2006 at a peppercorn rent.
Description
The property, which forms part of an attractive Grade II Listed building, comprises a ground floor shop with basement ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at www.acuitus.co.uk
Description
The property, which forms part of an attractive Grade II Listed building, comprises a ground floor shop with basement ancillary accommodation.
VAT
VAT is applicable to this lot.
Completion Period
Six Week Completion
EPC
Available from the legal pack at www.acuitus.co.uk
Tenancy & Accommodation
Floor
Use
Floor Areas (Approx)
Tenant
Term
Rent p.a.x
Review
Ground Basement
Retail/Ancillary Ancillary
31.00 sq m 24.00 sq m
(338 sq ft) (254 sq ft)
B. AKSAHIN with a guarantee from A. TERBAS (t/a Efes Barbers)
15 years from 07/07/2015 until 06/07/2030
£15,000
07/07/2025
Total
55.00 sq m
(592 sq ft)
£15,000
If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.
