Land for sale in Temple Court, 107 Oxford Road, Oxford OX4

Key Points

Description

The property comprises a modern, three-storey office building, subdivided internally so as to provide twelve individual office suites, with communal WC and kitchen facilities.

Each suite has been finished to a good standard of internal fitting, with amenities including;

* Gas fired central heating
* Perimeter trunking
* Carpeting
* Double glazing
* Intercom entry system
* Fitted communal kitchen

The premises are situated within Temple Court, a mixed-use residential and commercial development with a private car park offering 18 spaces.

Location

Renowned for its university connections, the historic City of Oxford is a major commercial centre, offering the dual advantages of an attractive working environment and excellent communications on a local and national level. Situated just off the M40, on the junction of the A40 and A34 trunk roads, the city commands a strategic position on the national road network.

Within Oxford itself, Temple Court occupies a convenient location just off Oxford Road, one of the principal arterial routes running between the South Eastern Ring Road and the city centre. Temple Court is situated within the thriving suburb of Cowley, close to arc Oxford Business Park and offers views over playing fields to the rear.

Availability_Text

The accommodation comprises the following areas:

Investment Profile

The freehold interest is available for sale at a price of £1,350,000 exclusive, subject to the tenancies detailed on the attached schedule.

The investment currently generates a rental income of £53,543.90 pa but has the potential to produce a rent roll in the order of £115,000 pa when fully let, reflecting a gross reversionary yield of 8.5%.