Thame, OX9 3ER
Property Type | Investment / Residential / Retail |
Tenure | For Sale |
Size | 1,488 sq ft |
Price | Price on application |
Business Rates | £10,374 per annum |
Energy Performance Rating | This property has been set as EPC exempt. Reason: EPC has been commissioned, will be available in less than 28 days |
Attractive town centre retail / residential investment comprising shop unit of approximately 898 Sq ft GIA with 10ft frontage and depth of approximately 72 ft. There are Kitchen and Toilet facilities located to the rear of the shop.
Independently accessible flat comprising living room, kitchen, bedroom and shower room, measuring approximately 590 Sq ft. The Kitchen and Bathroom have been re-fitted and re-decorated, and the flat is well decorated throughout with good-quality flooring.
The property is prominently situated in Thame town centre on Upper High Street. Thame is a thriving historic market town in the heart of Oxfordshire.
Thame is well-connected to Birmingham, Oxford and London via the M40, and is 3 miles from Haddenham and Thame Parkway, with links to London, Bicester, Oxford and Birmingham.
Freehold: Price on application
Lease: The shop and flat are subject to a lease for a term of 7 years from 8th June 2023 expiring 7th June 2030, subject to a tenant break 7th June 2028.
Rent: £20,500 per annum subject to annual fixed uplifts, rising to £27,000 in 2029.
The property lies within the rating area of South Oxfordshire District Council, according to which the rateable value is as follows:
Rateable value - £19,000 (shop only)
Rates payable - £10,374 (2024-2025)
Rates payable can be affected by transitional arrangements, and we would recommend that interested parties should make further enquires for clarification.