16 & 16A HIGH STREET THAME OXFORDSHIRE OX9 2BZ

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Julius Thompson
5 years ago
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1 16 & 16A HIGH STREET THAME OXFORDSHIRE OX9 2BZ T O W N C E N T R E M I X E D - U S E I N V E S T M E N T F I E L D S C O M M E R C I A L

2 Town Centre Investment Property Comprising Retail Unit & Dental Practice Plus a Charming Town House, Available Together, or Separately S U B J E C T T O C O N T R A C T F I E L D S C O M M E R C I A L

3 INVESTMENT SUMMARY Thame is a thriving market town with excellent transport links and local facilities. M40 Junction 7, 4 miles, Haddenham and Thame BR station 3 miles. 16 High Street is situated on the south side of High Street in the town centre. The property comprises approximately 3,135 Sq ft GIA of accommodation arranged over two buildings: - 16 High Street, a two storey period building comprising retail unit and dental surgery 2,053 Sq ft (190 Sq m). - 16A High Street, a two storey townhouse with walled garden 1,082 Sq ft ( Sq m). 16 High Street is let to Pins & Needles, for a term of 6 years expiring 5th May 2020 at a rent of 12,000 per annum, and Thame House Dental Practice for term of 15 years expiring 1st October 2022 at a rent of 21,600 per annum. 16A High Street is currently vacant however we consider could be let circa 16,200 per annum. The combined income for the whole property is currently 33,600 per annum, increasing to approximately 50,000 per annum should the house be let. Lot 1 16 High Street - We are seeking offers for the freehold interest in the property in the sum of 500,000 subject to contract., a Net Initial Yield of 6.35% allowing for purchaser's costs. Lot 2 16A High Street - We are seeking offers in the region of 500,000 subject to contract for the freehold interest. F I E L D S C O M M E R C I A L

LOCATION Thame is an attractive and historic market town located in Oxfordshire, on the border with Buckinghamshire, approximately 14 miles east of Oxford, 10 miles south west of Aylesbury, 14 miles

4 LOCATION Thame is an attractive and historic market town located in Oxfordshire, on the border with Buckinghamshire, approximately 14 miles east of Oxford, 10 miles south west of Aylesbury, 14 miles north west of High Wycombe and 47 miles north west of central London. The town benefits from excellent road connections, being 4 miles east of Junction 7 of the M40, and with the A329 providing access to Aylesbury to the east and Oxford to the west. Haddenham and Thame Parkway British Rail station is located 3 miles to the east, providing a fast service to London Marylebone in under 40 minutes. 16A High Street F I E L D S C O M M E R C I A L

DESCRIPTION The property comprises a retail shop at ground floor level fronting High Street, with a passageway beside leading to an attractive central courtyard, off which is accessed the dental

5 DESCRIPTION The property comprises a retail shop at ground floor level fronting High Street, with a passageway beside leading to an attractive central courtyard, off which is accessed the dental surgery. The surgery is arranged over ground and first floors, and attached to the rear of the building, with private gated access, is a charming 2 bedroom house with delightful enclosed garden. In total the property has an approximate Gross Internal Area of 3,135 Sq ft, plus basement, and contemporary garden studio of 198 Sq ft. The overall site area measures approximately 0.15 acres, with the house having a south facing garden approaching 100 ft in depth and over 30 ft in width. 16A High Street garden. FT IRE I LN DI S T Y CL OA MN MD. E CR O C. I UA KL

Any further enquiries should be made to South Oxfordshire District Council. EPC Energy Performance Certificates for the individual units are attached.

6 PLANNING The property is occupied under Retail (Class A1), Dental Practice (Class D1) and Residential (Class C3) uses. The property is not listed though stated as a building of local note, and falls within Thame Conservation Area. There is no material planning history relating to the property. Any further enquiries should be made to South Oxfordshire District Council. EPC Energy Performance Certificates for the individual units are attached. RATES Rateable Value Shop & Premises 13,250 Dental Practice 15,000 Council Tax 16A High Street Band B Council tax payable 1, For the year 2017/2018 GENERAL Tenure Freehold VAT The property is not elected for VAT For more information please contact: Mike Holifield MRICS or Nick Johnson MRICS Fields Commercial T: +44(0) E: holi@fields-property.co.uk W: F T I RE I L N D I S T Y C L O A M N M D. E CR O C. I UA KL

7 TENANCY SCHEDULE F T I RE I L N D I S T Y C L O A M N M D. E CR O C. I UA KL

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constitute any part of contract; [2] no person in the employment of Messrs Fields has any authority to make or give

14 IMPORTANT NOTICE Messrs Fields themselves and for the vendors or lessors of this property whose agents they are given notice that: [1] the particulars are in good faith and are set out as a general guide only and do not constitute any part of contract; [2] no person in the employment of Messrs Fields has any authority to make or give any responsibility or warranty whatever in relation to this property. W: T R I N I T Y L A N D. C O. U K

442/446 HOLLOWAY ROAD, LONDON N7 6LX

442/446 HOLLOWAY ROAD, LONDON N7 6LX PRIME REVERSIONARY LONDON FOODSTORE RETAIL INVESTMENT INVESTMENT SUMMARY The North London suburb of Holloway is an established residential and commercial centre, located