112 High Street

Thame, OX9 3DZ

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Under Offer
Property Type Investment / Office
Tenure For Sale
Size 2,796 sq ft
Price £650,000
Business Rates £2,969.60 per annum
Energy Performance Rating This property has been set as EPC exempt.
Reason: Listed building

Handsome investment opportunity comprising multi-let period offices 2,796 Sq ft NIA with Market Rent £46,686 per annum.

Key Points

  • Charming investment opportunity approx. 2,796 Sq ft NIA, 3,699 GIA
  • Market Rent £46,686 & only 1 suite vacant
  • Prime High Street location
  • Detached office to rear with private garden

Description

A rarely available town centre investment opportunity, a well managed grade II listed building arranged over ground, first and second floors, with further detached building to the rear, in all totalling approx. 2,796 Sq ft NIA, 3,699 GIA.

The property is multi-let with 5 suites, 4 let on individual tenancies, with 1 suite recently vacated and available to let. Rental £36,550 per annum with the vacant suite on the market at £9,750 per annum, in all totalling £46,300 when fully let.

All leases are FRI with a service charge in place covering maintenance of the common areas.

Location

Thame is a market town in the county of Oxfordshire, close to the Buckinghamshire border,. It is located approximately 6 miles from junctions 6 and 7 of the M40 motorway, approximately 13 miles south-east of Oxford, 11 miles west of Aylesbury, 14 miles north-west of High Wycombe and 48 miles west of London

Viewings

Strictly by appointment with the agents:
Fields Commercial 01844 261 121
Or Steve Humpston 01296 614800

Terms

Freehold £650,000

Rates

The property lies within the rating area of South Oxfordshire, according to which the rateable value is as follows:

Rateable value - On request
Rates payable - On request

Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquired for clarification.