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5 Cornmarket St 338 SF of Assignment Available in Oxford OX1 3EX
Assignment Highlights
- Situated on Oxford’s 100% prime pedestrianized retail pitch, ensuring excellent footfall throughout the year.
- Secure lease in place with expiry in September 2032, offering operational continuity for incoming tenants.
- Positioned adjacent to Starbucks and opposite Boots and Clarendon Centre, among other top-tier retailers.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 5 | 338 SF | Sep 2032 | $236.68 /SF/YR $19.72 /SF/MO $79,997 /YR $6,666 /MO | Fully Repairing & Insuring |
Ground, Ste 5
An exceptional opportunity to assume an existing secure FRI lease in the heart of Oxford’s premier retail destination. Located on fully pedestrianized Cornmarket Street, this property provides unmatched foot traffic within one of the UK’s top shopping thoroughfares. The space offers a dedicated ground floor retail area supplemented by an ancillary basement, making it suitable for diverse commercial uses under Class E, including retail and food & beverage operations. Surrounded by leading national and international brands such as Boots, Marks & Spencer, Anthropologie, Pret a Manger, and Starbucks, the property enjoys a high-profile position near High Street and Queen Street junction and the 800,000 sq ft Westgate Centre anchored by John Lewis. The current lease runs through September 2032, allowing tenants to benefit from a stable tenure at an attractive passing rent. Oxford’s dynamic retail market, coupled with strong tourism and a resident university population exceeding 42,000, ensures sustained demand and visibility for businesses operating here.
- Use Class: E
- Assignment space available from current tenant
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Energy Performance Rating - C
- Basement
- Demised WC facilities
- WC and staff facilities.
- Basement
- Open plan
Service Types
The rent amount and service type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The service type will vary depending upon the services provided. Contact the listing broker for a full understanding of any associated costs or additional expenses for each service type.
1. Fully Repairing & Insuring: All obligations for repairing and insuring the property (or their share of the property) both internally and externally.
2. Internal Repairing Only: The tenant is responsible for internal repairs only. The landlord is responsible for structural and external repairs.
3. Internal Repairing & Insuring: The tenant is responsible for internal repairs and insurance for internal parts of the property only. The landlord is responsible for structural and external repairs.
4. Negotiable or TBD: This is used when the leasing contact does not provide the service type.
Select Tenants at 5 Cornmarket St, Oxford, OXF OX1 3EX
- Tenant
- Description
- UK Locations
- Reach
- Santa Nata London
- Restaurant
- 1
- -
- The Change Group Corporation Ltd
- Other Services
- 23
- International
| Tenant | Description | UK Locations | Reach |
| Santa Nata London | Restaurant | 1 | - |
| The Change Group Corporation Ltd | Other Services | 23 | International |
Property Facts
| Total Space Available | 338 SF | Gross Leasable Area | 6,488 SF |
| Property Type | Retail | Year Built | 1876 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 338 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,488 SF |
| Year Built | 1876 |
About the Property
The property is located in central Oxford on Cornmarket Street within a pedestrianized shopping district. Nearby occupiers include high-street retailers, food and beverage brands, and service-based businesses. The unit comprises a ground retail floor and basement ancillary space. The lease arrangement is held on a full repairing and insuring basis and is subject to standard upward-only rent reviews every five years. Terms require assignment of the existing lease, subject to landlord consent.
- Bus Line
- Metro/Subway
- Security System
- Signage
Presented by
5 Cornmarket St
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