21 Causeway, Bicester, Oxfordshire, OX26
£193.57 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
1,524 sq ft
142 sq m
- SECTOR
High street retail property for sale
- USE CLASSUse class orders: A1 Shops, C3 Dwelling Houses and Class E
A1, C3, E
Key features
- Prominently located character building
- Near to the main town square and associated amenities and shops
- Potential residential planning consent for the upper parts
- Rental income from established GF commercial premises
- Separate entrance for the upper parts
- Private gardens to the rear
Description
The Bicester area benefits from excellent access to the M40 at Junction 9 and the M1 at Junction 15a. The town has high speed rail links to London and Birmingham Bicester is one of the fastest growing towns in the country with excellent amenities including Bicester Village Retail Park.
GF-Commercial lease at £12,500 pa from 21/5/22 to 20/5/31. Lease break option 21/5/28. OMR rent reviews at 22/5/25 and 22/5/28. Upper parts with separate entrance vacant with planning consent for two one bed flats (planning ref 20/03285/056 expired Jan 2024).
// Accommodation
Measurements are provided on a gross internal area (GIA) basis:
Ground Floor: 555 sq. ft.
First Floor: 464 sq. ft.
Second Floor: 505 sq. ft.
// Services
Mains electricity, water and drainage are connected. These
services have not been tested by the Agents
// Tenure
Freeholding quoting price £295,000.
// Rent
Ground Floor rental income £12,500 per annum.
// Insurance
The Landlord insures the building and recovers the premium from the Tenant.
// Business Rates
The rateable value for the First & Second Floor is £14,250.
Ground floor retail unit rates paid by tenants.
// EPC
This property has an Energy Performance Asset Rating of B (46) (Ground Floor, upper parts to be re assesed). Copies of the EPC certificate are available from the Agent.
// VAT
All figures are quoted exclusive of VAT, purchasers and lessees must satisfy themselves as to the applicable VAT position, seeking appropriate professional advice.
// Legal Costs
Each party to bear their own legal costs incurred in this transaction.
// Subject to Contract
Brochures
21 Causeway, Bicester, Oxfordshire, OX26
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bicester Town Station0.3 miles
- Bicester North Station0.5 miles
- Islip Station6.1 miles
About Adalta Real, Banbury
The Byre, Home Farm Drive, Upton, OX15 6HU
Adalta Real Ltd specialises in commercial and residential property throughout the UK. We act as agents and development consultants for a wide range of clients, and actively seek retail led mixed use and food retail development opportunities to develop ‘in’ house’ or by way of joint venture agreements. Areas of interest include, but are not limited to, retail led mixed use schemes, strategic land promotion and roadside / food store development across the UK.
Notes
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