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1 & 9 Evans Yard 455 SF Retail Building Bicester OX26 6JT $333,098 ($732.08/SF) 6.72% Cap Rate
INVESTMENT HIGHLIGHTS
- Two retail units.
- For sale.
- Income producing.
EXECUTIVE SUMMARY
Two Retail units on Evans Yard producing rental income combined of £16,800 per annum exclusive. Increasing to £17,300 as at 27th August 2029.
Unit 1 is let by way of a 5 year Lease from 1st April 2021, expiring on 30th March 2026 at a rent of £8,100 pa for use as a beauty salon.
Unit 9 is let by way of an extended Lease dated 1st May 2024 to 26th August 2034 at a passing rent of £8,700 pa increasing to £9,300 from 27th August 2029 for use as a hairdressers.
Unit 1 is let by way of a 5 year Lease from 1st April 2021, expiring on 30th March 2026 at a rent of £8,100 pa for use as a beauty salon.
Unit 9 is let by way of an extended Lease dated 1st May 2024 to 26th August 2034 at a passing rent of £8,700 pa increasing to £9,300 from 27th August 2029 for use as a hairdressers.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront
Building Size
455 SF
Building Class
B
Year Built
1855
Price
$333,098
Price Per SF
$732.08
Cap Rate
6.72%
NOI
$22,384
Tenancy
Single
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.02 AC
AMENITIES
- Security System
- Signage
1 1
NEARBY MAJOR RETAILERS
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1 & 9 Evans Yard
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