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300 Abingdon Rd 4,657 SF 100% Leased Retail Building Oxford OX1 4TE $2,664,784 ($572.21/SF) 2.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Total Area 7,814 sq ft / 725.9 sq m
- £66,780 pa current rental income from the residential element
- Potential to redevelop (subject to consents)
EXECUTIVE SUMMARY
A PRIME MIXED USE INVESTMENT OPPORTUNITY Situated on one of the main routes into central Oxford comprising a retail showroom with extensive forecourt parking and a workshop, two houses and two flats. * £66,780 pa current rental income from the residential element. * Potential to redevelop (subject to consents) * Commercial lease has expired and tenant is holding over at a reduced rent. Passing rent was £50,000 pa. * Additionally there is plenty of parking for both the commercial and residential elements
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
4,657 SF
Building Class
B
Year Built
1931
Price
$2,664,784
Price Per SF
$572.21
Cap Rate
2.50%
NOI
$66,620
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Parking
30 Spaces (6.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Dedicated Turn Lane
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NEARBY MAJOR RETAILERS
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300 Abingdon Rd
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