2 July 2025: Wednesday 02 July 2025 - 9:00am
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    Key features

    • High Yielding Mixed Use Investment
    • Five Retail Units with Offices to Upper Parts
    • Fully Let to Eight Tenants
    • Tenants Include Barnardos, Subway and Premier Convenience Stores
    • Attractive WAULT of 5.5 years to Expiry
    • True Mobility 2025 break not exercised
    • Asset Management Potential
    • Established High Footfall Location
    • Investment Let at £153,902 p.a. (12.83% GIY on Guide Price)

    Description

    The property comprises a high yielding, multi-let, mixed use investment occupying a prominent corner pitch on a high footfall street.

    Arranged as five retail units with office suites to the upper parts, the property is fully let to eight tenants producing a total rent of £153,902 per annum.

    The property offers an attractive Weighted Average Unexpired Lease Term (WAULT) of 5.5 years to expiry, with evident asset management potential via renewal of leases. The property also offers a strong tenant mix with several national occupiers including Barnardos, Subway and Premier Convenience Stores.

    The upper parts are split into three office suites and are fully let to separate tenants, however there may be potential to convert to alternative uses, including residential (subject to obtaining the requisite consents),

    The property occupies a prominent pitch fronting Didcot Broadway, the principal retail amenity for the area. The property also includes a return frontage to the pedestrianised Market Place, with nearby occupiers including Iceland, Greggs, and Prezzo.

    Additional information

    Tenure

    Freehold.

    Tenancy

    Please see the below tenancy schedule for more information.

    Rent

    £153,902 per annum

    Notes

    We understand the property is elected for VAT. It is anticipated the sale will be treated as a Transfer of a Going Concern (TOGC).


    Joint Auctioneer



    Lee Randle

    07774 211 229

    leerandle@masonpartners.com


    Please Note - We wish to inform prospective buyers of this property that an employee of Savills is connected to the Vendor.

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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

      Savills are not holding any viewings for this property. For further information please download the legal pack or email the relevant Savills Contact directly.

      Viewings are in the process of being finalised and will be online shortly, please click here for a notification when they go online.

      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Accommodation / Tenancy Schedule

      Local information

      Didcot is a popular commuter town in Oxfordshire. The subject property is situated on one of the principal arterial routes and is adjacent to the Orchard Shopping Centre with tenants including Sainsburys, Starbucks, H&M and Nandos.

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums