Cornmarket Street, Thame, OX9
- PROPERTY TYPE
Retail Property (high street)
- SIZE
1,289 sq ft
120 sq m
Key features
- Freehold Retail and Residential Investment
- Current rental income £26,300 per annum
- Retail EPC Rating: B
- Ratebale Value (Shop and premises): £17,250
- Residential EPC Rating: E
- The property has not been elected for VAT
- Joint Agent: Martin Conway at Conways Commercial
Description
The property is located in Thame town centre fronting onto Cornmarket Street. Nearby occupiers Sainsbury's, Morrisons., Boots, Superdrug & Costa Coffee.
Thame is an attractive market town located and well located on the A418 with good access to the M40 motorway. Oxford lies approximately 15 miles to the West.
Description
The property comprises a a ground floor retail unit with a self contained one bedroom flat on the upper floor. To the rear there is access and allocated car parking.
The retail unit is occupied by an opticians and is well fitted with retail space to the front and two consulting rooms and a kitchen and WC to rear . The flat is accessed from the rear of the property and has a sitting room, kitchen, bathroom/WC and one bedroom.
Accommodation
Ground floor retail 633 sq ft (59 sq m) Net Internal Area
First floor flat 656 sq ft (61sq m) Gross Internal Area
Terms
The accommodation is let as follows:
1. Ground floor - a 15 year full repairing lease (subject to a a schedule of condition) from 29th September 2013 with 5 yearly rent reviews and 5 yearly break clauses. The current rent passing is £16,700 p.a. Current tenant Bayfields Z Ltd trading as Bayfields Opticians.
2. Flat - let on an AST initially for 8 months from 27/09/21 at a rent of £800 pcm now a periodic tenancy arrangement.
Joint Agent
Martin Conway at Conways Commercial
Cornmarket Street, Thame, OX9
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Haddenham & Thame Parkway Station2.3 miles
About the agent
Thomas Merrifield is an independent company with eight offices in Oxfordshire offering a wide range of properties to buy or rent throughout the county. Our offices are located in Abingdon, Wallingford, Didcot, Bicester, Witney, Grove, Oxford and Kidlington, covering all the major towns and villages around.
For all your property needs whether buying, selling, letting or just in need of general advice, contact us today.
Industry affiliations
Notes
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