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The Old Barn Coker Close 1,430 SF Retail Building Bicester OX26 6DR $577,705 ($403.99/SF) 7.27% Cap Rate
Investment Highlights
- Located just off major through road
- Connectivity via nearby M40
- Access to town centre amenities
Executive Summary
The premises are available for sale as a freehold investment at £425,000.
A Grade 11 listed building comprises ground floor retail and first floor, currently let on a Full Repairing Lease to a Pharmacy on a 15 year Lease from 24th October 2014 expiring on
23rd October 2029 at a rent of £30,896.32 per annum. The rent is subject to 5 year reviews and a break clause as of 6th July 2023.
A Grade 11 listed building comprises ground floor retail and first floor, currently let on a Full Repairing Lease to a Pharmacy on a 15 year Lease from 24th October 2014 expiring on
23rd October 2029 at a rent of £30,896.32 per annum. The rent is subject to 5 year reviews and a break clause as of 6th July 2023.
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
1,430 SF
Year Built
1900
Price
$577,705
Price Per SF
$403.99
Cap Rate
7.27%
NOI
$41,998
Tenancy
Single
Building Height
2 Stories
Building FAR
0.71
Lot Size
0.05 AC
Frontage
41’ on Coker Cl
Amenities
- Signage
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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The Old Barn | Coker Close
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