Retail property for sale freehold, comprising front & rear retail areas, kitchen and WC on the ground floor, 3 treatment rooms, office/treatment area and cupboard on the first floor with additional offices or storerooms on the second floor.
Location
With excellent transport links to the M40 and national motorway network, Witney is conveniently located on the A40 approximately 12 miles west of Oxford and 24 miles east of Cheltenham. Travelling into the town from the A40 heading north onto the A415 Ducklington Lane, proceed to the roundabout and take the 4th exit onto Corn Street, proceed approximately 700 yards and 30 Corn Street will be found on the left next situated between Andrews Estate Agents and Greens Funeral Services.
Witney is a vibrant Market Town offering a variety of national and local retailers and is a popular destination for shoppers. Situated on the River Windrush, it is renowned for its beautiful medieval Church, the historic Buttercross building and Church Green.
Property Overview
Grade II Listed, the property comprises a mid-terrace commercial building previously occupied by a hairdressers & beauty business for over 30 years. Accommodation is arranged over the ground and first floor offering good retail space, with additional storage & ancillary space situated across the 2nd floor.
Accommodation
The following measurements are approximate.
Ground Floor
Front Retail Area: 19’9” x 12′
Rear Retail Area: 21′ max x 11’10” max
Kitchen: 5’7” x 5’5”
WC
First Floor
Landing with Office/Treatment Area: 7’9” x 5’10”
Treatment Room 1: 9’5” x 7’3”
Treatment Room 2: 9′ x 6’1”
Treatment Room 3: 9’2” x 5’10”
Understairs Cupboard: 4’9” x 4’7”
Second Floor
Office / Storeroom 1: 12′ x 11’6” max
Office / Storeroom 2: 12′ x 8’3”
Total N.I.F.A. approx. 1,063 sq.ft. (98.75 sq.m)
Externally
To the rear of the building is a small walled courtyard area approx. 7’5” x 5’5” with a further covered storeroom located off. There is no rear access to the property or courtyard.
Guide Price
Freehold for Sale by Private Treaty
Guide Price – £235,000.
Tenure
A new business lease may be available to be excluded from the security of tenure provisions of the Landlord & Tenant Act 1954.
Rent – £17,500 per annum exclusive.
Deposit – A minimum 3 month deposit is required.
Repairs – Tenant responsible for internal repairs plus repair and upkeep of the shop front, signage and external woodwork. The Landlord is responsible for the structure.
Redecoration – The tenant is to redecorate the whole internally and the external woodwork in the last 3 months of the term.
Business Rates & Utilities – Tenant’s responsibility and buildings insurance recharged by the Landlord.
VAT
VAT is not payable.
Business Rates
Rateable Value – £14,500.
Energy Performance Certificate
The property has an EPC rating of C.
Anti-Money Laundering Regulations & IDV
Marriotts Property LLP will carry out AML checks on all purchasers to comply with current legislation, and as such will need to verify ID documents to prove identity and proof of address.