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Sold
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Sold Post
The property comprises a high yielding retail investment let to Coventry Building Society and occupying a prime pedestrianised pitch.
Arranged across ground and first floors, the property is fully let to Coventry Building Society on a lease expiring 23/06/2029 and paying £50,000 per annum. The tenant recently renewed the lease, displaying confidence in the location.
The property is situated on a prime pitch fronting the pedestrianised Sheep Street, the principal retail amenity in Bicester Town Centre, which is a local centre and popular tourist destination due to Bicester Village Retail Outlet. Nearby occupiers include Superdrug, Costa, Specsavers and New Look.
Tenure
Freehold
Tenancy
The property is fully let to Coventry Building Society on a lease expiring 23/06/2029 and paying £50,000 per annum.
The lease is on full repairing and insuring terms and is within the Security of Tenure provisions of the Landlord and Tenant 1954 Act. There is a tenants break option in 2027.
Coventry Building Society