Investment For Sale, Bicester
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Property ID: 153397
£1,200,000 Freehold
66-68 Sheep Street, Bicester, Oxfordshire, OX26 6LG
Type
Investment
Status
Available
Size
7,495 sq ft
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Description
The subject property is prominently located at the top of Sheep Street, Bicester town centre's main retail thoroughfare. The town centre has a mix of both national and independent chains including Coffee#1, Vision Express, Holland Barrett, Boots Pharmacy and New Look. The building is situated opposite B&M Discount Stores and the access to Pioneer Square, anchored by Sainsburys with public parking for 526 cars.
Bicester is a rapidly expanding market town, with significant housing and commercial projects underway and planned, together with the expansion of the world-renowned Bicester Village outlet centre
Fully Let Mixed Use Investment Within Bicester Town Centre - Revised Pricing
Comprising A Prominent Town Centre Retail Holding With Associated Storage And Rear Loading Together With Three Self-contained Flats Above.
Investment Highlights
Longstanding Residential And Retail Occupiers
Prominent Location Opposite Access To Sainsburys And B&m
Flexibility To Create Two Retail Units, If Required
Reversionary Potential To Circa 9.58%
Vat Not Applicable
The Subject Property Is Prominently Located At The Top Of Sheep Street, Bicester Town Centre's Main Retail Thoroughfare. The Town Centre Has A Mix Of Both National And Independent Chains Including Coffee#1, Vision Express, Holland Barrett, Boots Pharmacy And New Look. The Building Is Situated Opposite B&m Discount Stores And The Access To Pioneer Square, Anchored By Sainsburys With Public Parking For 526 Cars.
Bicester Is A Rapidly Expanding Market Town, With Significant Housing And Commercial Projects Underway And Planned, Together With The Expansion Of The World-renowned Bicester Village Outlet Centre
Guide Price Of £1,200,000 (one Million Two Hundred Thousand Pounds), Subject To The Existing Tenancies.
We Are Instructed To Quote A Guide Price Of £1,200,000 (one Million Two Hundred Thousand Pounds), Subject To The Existing Tenancies.
This Pricing Shows A Net Initial Yield Of 7.18% And A Potential Reversionary Yield Of 9.58% Assuming Normal Purchaser Costs And Based On Our Rental Estimates, Not To Be Formally Relied Upon.
Vat Is Not Applicable To The Sale Price.
Strictly By Appointment With Agents.
Bicester is a rapidly expanding market town, with significant housing and commercial projects underway and planned, together with the expansion of the world-renowned Bicester Village outlet centre
Fully Let Mixed Use Investment Within Bicester Town Centre - Revised Pricing
Comprising A Prominent Town Centre Retail Holding With Associated Storage And Rear Loading Together With Three Self-contained Flats Above.
Investment Highlights
Longstanding Residential And Retail Occupiers
Prominent Location Opposite Access To Sainsburys And B&m
Flexibility To Create Two Retail Units, If Required
Reversionary Potential To Circa 9.58%
Vat Not Applicable
The Subject Property Is Prominently Located At The Top Of Sheep Street, Bicester Town Centre's Main Retail Thoroughfare. The Town Centre Has A Mix Of Both National And Independent Chains Including Coffee#1, Vision Express, Holland Barrett, Boots Pharmacy And New Look. The Building Is Situated Opposite B&m Discount Stores And The Access To Pioneer Square, Anchored By Sainsburys With Public Parking For 526 Cars.
Bicester Is A Rapidly Expanding Market Town, With Significant Housing And Commercial Projects Underway And Planned, Together With The Expansion Of The World-renowned Bicester Village Outlet Centre
Guide Price Of £1,200,000 (one Million Two Hundred Thousand Pounds), Subject To The Existing Tenancies.
We Are Instructed To Quote A Guide Price Of £1,200,000 (one Million Two Hundred Thousand Pounds), Subject To The Existing Tenancies.
This Pricing Shows A Net Initial Yield Of 7.18% And A Potential Reversionary Yield Of 9.58% Assuming Normal Purchaser Costs And Based On Our Rental Estimates, Not To Be Formally Relied Upon.
Vat Is Not Applicable To The Sale Price.
Strictly By Appointment With Agents.
Location
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