Offers in region of
£699,000
(£360.68/sq. ft)
Retail premises for sale29 & 29A Upper High Street, Thame OX9
1,938 sq. ft
EPC Rating: E
Just added
Freehold
About this property
Character 3-Bedroom Town House of approx. 1,417 Sq ft
Retail Unit Generating £12,500 per annum (business unnafacted)
Total Estimated Residential / Commercial Income of £35,300 per annum
Investment with Development Potential Subject to Planning
Description
A mixed-use period property comprising a refurbished 3-bedroom townhouse and retail unit currently occupied by Lovely Nailcare and subject to a lease expiring August 2034 at a rent of £12,500 per annum.
The townhouse comprises a Sitting Room, Dining Room and Kitchen, two bright, street-facing Bedrooms and bathroom, and a main Bedroom with ensuite. The house has been redecorated and carpeted throughout, with a new kitchen fitted. Additionally, the property benefits from useful cellar / basement area of circa 260 Sq ft, that could be used for a number of purposes. Included at the rear of a property is a 495 Sq ft split level studio that could be developed / converted into a further income generating unit, subject to planning.
Location
Located on the Upper High Street, a short walk from Thame's Town Centre. Thame is a popular market town conveniently located within 6 miles of Junctions 6 and 7 of the M40,14 miles east of Oxford, 10 miles south-west of Aylesbury and 15 miles north-west of High Wycombe.
Viewings
Strictly by appointment via Fields.
Terms
Freehold: Guide Price £699,000
Lease: The shop is subject to a lease for a term expiring August 2034.
Rent: £12,500 per annum.
Landlord and Tenant Act: Excluded
Break Clause: 29th April 2029 (Tenant only)
Rent Review: 29th April 2029
The town house is currently vacant and estimated to achieve approximately £1,900 per month / £22,800 per annum income.
Rates And Council Tax
The property lies within the rating area of South Oxfordshire District Council, according to which the rateable value is as follows:
Rateable value - £9,800 (shop only - 2026)
The Residential premise falls within Council Band B.
A mixed-use period property comprising a refurbished 3-bedroom townhouse and retail unit currently occupied by Lovely Nailcare and subject to a lease expiring August 2034 at a rent of £12,500 per annum.
The townhouse comprises a Sitting Room, Dining Room and Kitchen, two bright, street-facing Bedrooms and bathroom, and a main Bedroom with ensuite. The house has been redecorated and carpeted throughout, with a new kitchen fitted. Additionally, the property benefits from useful cellar / basement area of circa 260 Sq ft, that could be used for a number of purposes. Included at the rear of a property is a 495 Sq ft split level studio that could be developed / converted into a further income generating unit, subject to planning.
Location
Located on the Upper High Street, a short walk from Thame's Town Centre. Thame is a popular market town conveniently located within 6 miles of Junctions 6 and 7 of the M40,14 miles east of Oxford, 10 miles south-west of Aylesbury and 15 miles north-west of High Wycombe.
Viewings
Strictly by appointment via Fields.
Terms
Freehold: Guide Price £699,000
Lease: The shop is subject to a lease for a term expiring August 2034.
Rent: £12,500 per annum.
Landlord and Tenant Act: Excluded
Break Clause: 29th April 2029 (Tenant only)
Rent Review: 29th April 2029
The town house is currently vacant and estimated to achieve approximately £1,900 per month / £22,800 per annum income.
Rates And Council Tax
The property lies within the rating area of South Oxfordshire District Council, according to which the rateable value is as follows:
Rateable value - £9,800 (shop only - 2026)
The Residential premise falls within Council Band B.
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Monthly repayment
£3,496 per month
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