The parade comprises a 1960s 3 storey property comprising of ground floor shops with two floors of self contained residential above together with an adjoining stand alone retail unit.
Location
Abingdon is a historic market town on the banks of the river Thames some 8 miles south of Oxford and 60 miles north of London via the M40 motorway at junction 7. The town is served by the A34 Trunk Road which runs between Winchester to the south and Oxford to the north.
Stert Street is lined with quaint period style buildings leading up to the church tower of St Nicolas on the Market Place with the Guildhall immediately to the rear. There’s a quick route through from the Market Place at one end and just a few yards from the Charter Car Park at the other. The location offers many independent retailers.
Accommodation
13 - The Finishing Touch (2003) Ltd - Shop, 1 Car Park Space - Sales 71.16 sq m (766 sq ft) - Store 10.68 sq m (115 sq ft)
15 - Kim Beauty Ltd - Guarantor Huong Thanh Thi Tran - Shop - 58.9 sq m (634 sq ft)
17 - Tien Dinh Pham - Shop, 1 Car Park Space - 78.41 sq m (844 sq ft)
19 - FM Hair Design - Guarantor Stephen Richard Hagerty - Shop - Sales 35.95 sq m (387 sq ft) Store 8.08 sq m (87 sq ft) Mezzanine 12.08 sq m (130 sq ft)
A - Redyard Proerties Ltd - Residential - 1 bedroom reception/kitchen bathroom/wc
B - Kai-Tzu Kathy Hsiung - Residential - 2 bedroom reception/kitchen bathroom/wc
C - Mark James Uttley or Chris Parkes - Residential - 2 bedroom reception/kitchen bathroom/wc
D - Stephanie Jane Le Conte - Residential - 2 bedroom reception/kitchen bathroom/wc
E - Eszter Toth and Quassi Jean-Rene Acquah - Residential - 2 bedroom reception/kitchen bathroom/wc
F - Turvo Kunz - Residential - 2 bedroom reception/kitchen bathroom/wc
Terms
TENURE - Freehold
TENANCIES - See attached brochure for information.
EPC - Information can be found in our data room.
PROPOSAL - We are instructed to seek offers in excess of £525,000 (Five Hundred and Twenty Five Thousand, Pounds), subject to contract. A purchase at this level reflects an attractive Net Initial Yield of 10%.
VAT - The property is not registered for Value Added Tax.
LEGAL COSTS - Each party to be responsible for their own legal costs incurred in this transaction.
Specification
- Located in the town centre
- Freehold retail investment
- Attractive 10% initial yield