£750,000

Retail premises for sale

  1. Property photo 1 of 13.
  2. Property photo 2 of 13.
  3. Property photo 3 of 13.

£750,000

(£449.50/sq. ft)

Retail premises for sale

Market Place, Wantage OX12

3,735 sq. ft

Local area information

Property location

Nearby amenities

  • King Alfred's 0.2 miles
  • Wantage Church of England Primary School 0.2 miles
  • Didcot Parkway 8.1 miles
  • Appleford 8.7 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guide for Wantage to find out more about the local area.

Features and description

Description

This attractive and prominent late Edwardian c.1911 3-storey building is situated in the end of the Market Square, near to the church, and adjacent to a gallery, independent silversmith, and a coffee shop.
The building comprises two smart professional offices/retail space on the ground floor which were extensively refitted and refurbished in 2016 to a very high standard by high end shop fitters mpl. The offices are currently open at the rear to one another but historically were separate and could easily be sub-divided again. The offices are configured to two large bay fronted shop fronts, a rear office space each with an original fireplace, a meeting room, kitchen and two toilets, and are fitted with combination heating/air conditioning units, fire alarm system and have a high speed broadband connection (subject to transfer).
There are two spacious duplex apartments over the offices (25a & 26a); 25a was refurbished in 2022 and has been a successful Airbnb and short term let; 26a is tenanted under a rolling AST.
To the rear of the main building there is a detached single storey barn with power and light, an outside toilet and car parking area for a number of vehicles with access directly onto Church Street. The barn and car park provide an excellent opportunity for redevelopment and have a lapsed planning consent (see use).
Accommodation
ground floor


25 Ground floor offices - 428 sq.ft. (39.7 sq.m)
26 Ground floor offices - 448 sq.ft. (41.6 sq.m)
25 & 26 Meeting Room - 158sq.ft. (14.6 sq.m)
25 & 26 Kitchen & WC's - 165 sq.ft. (15.3 sq.m)
Rear Barn (Outbuilding) - 692 sq.ft. (64.2 sq.m.)
Total - 1891 sq.ft. (175.6 q.m.)

First & second floors

25a - 2 bedroomed duplex apartment - 904 sq.ft. (84.0 sq.m.)
26a - 2 bedroomed duplex apartment - 940 sq.ft. (87.3 sq.m.)
Total - 1844 sq.ft. (171.3 sq.m.)

Terms

The ground floor is partly occupied by the current owners, Douglas & Simmons, who would like to lease back 25 Market Square and the barn ( subject to terms). 26 Market Square is let at a rent of £12,500 p.a.exclusive.

Flat 25a is let fully furnished on an AST for £1,200 pcm. It has been refurbished to a very high standard. It has previously been let very successfully as an Airbnb.

Flat 26a is let on a rolling AST for £900 pcm and is unfurnished and less well specified.

Total current income from the flats is £25,200 p.a.

The freehold guide price is £800,000.

Floor plans and tours

Floor plans (3)

Floor plan 1
Floor plan 2

More information

Report this listing

Property descriptions and related information displayed on this page are marketing materials provided by - Conways Commercial. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Conways Commercial for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Oxfordshire
  4. Wantage
  5. Market Place