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    Key features

    • High Yielding Retail Investment
    • Let to The Finishing Touch Limited
    • Five Year Lease Expiring 14/08/2028
    • Renewal of Previous Lease from 2018
    • Popular, High Footfall, Street
    • VAT-Free Investment
    • Investment Let at £18,000 p.a. (11.25% GIY on Guide Price)

    Description

    The property comprises a high yielding retail investment forming part of a popular local parade in the historic town of Abingdon.

    Arranged across ground and first floors, is let to The Finishing Touch Limited on a five year lease expiring 14/08/2028 and paying £18,000 per annum.

    The property is situated on the east side of Stert Street, close to its junction with Bridge Street. Occupiers close by include Oxfam, Pizza Express, Boots, Starbucks, Costa, British Heart Foundation and Superdrug amongst many others.

    Additional information

    Tenure

    Leasehold - Please See Legal Pack

    Tenancy

    The property is let to The Finishing Touch Limited on a five year lease expiring 14/08/2028 and paying £18,000 per annum. The lease is a renewal of a previous lease from 2018 and is on effective FRI terms.

    Rent

    £18,000 per annum
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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.

      Local information

      Abingdon is an historic market town on the River Thames approximately 6 miles south of Oxford. The town sits adjacent to the A34 dual carriageway which provides access to junctions 8 and 13 of the M40 and M4 motorways respectively. Radley Railway Station is located 3.5 miles from the property and provides regular services to Oxford (northbound, approx. 8 minutes) and Didcot Parkway (southbound, approx. 5 minutes), with connections to London Paddington and the southwest.

      The property is situated on the east side of Stert Street, close to its junction with Bridge Street. Occupiers close by include Oxfam, Pizza Express, Boots, Starbucks, Costa, British Heart Foundation and Superdrug amongst many others

      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