Retail premises for sale in The Clockhouse, Carterton OX18
* Calls to this number will be recorded for quality, compliance and training purposes.
Property features
- Prime retail position
- Rear car park
- Ancillary first floor accommodation
- Thriving market town
- Highly reversionary
- 93% let (by floor area)
Property description
Description
The subject development comprises a town centre development of nine commercial units accommodating a hair salon, dentist, professional services and offices together with two apartments above.
Location
Situated on the B4020 Burford to Faringdon Road, approximately 15 miles west of Oxford and serving Brize Norton Air Base, Carterton has become an established commercial location, providing good access to the A40 and convenient communications to Oxford, Witney and Swindon. The town has undergone considerable expansion in recent years and is expected to witness further growth in the short term.
Within Carterton itself, the premises are situated within a prominent town centre position on the corner of Burford Road and Brize Norton Road at the heart of the town centre.
Terms
The freehold interest is available for sale at a price of £1,600,000 subject to the tenancies detailed on the attached schedule.
The investment currently generates a rental income of £99,400 pa but has the potential to produce a rent roll in the order of £127,600 pa when fully let, reflecting a gross reversionary yield of 8%.
Property info
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Benedicts, OX4 on +44 1865 680782 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Benedicts, and do not constitute property particulars. Please contact Benedicts for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.
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