£5,600,000

Block of flats for sale

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£5,600,000

(£3.21/sq. ft)

Block of flats for sale

Market Square, Witney OX28

17,424 sq. ft

Local area information

Property location

Nearby amenities

  • St Mary's Church of England Controlled Infant School 0.1 miles
  • The Batt Church of England Voluntary Aided Primary School 0.1 miles
  • Finstock 4.8 miles
  • Combe (Oxon) 5.2 miles

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

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

Features and description

  • Town Centre Location

  • Mixed Use

Freehold Investment Opportunity. Prime Town Centre Mixed-Use Asset
Market Square, Witney, Oxfordshire
Guide Price: £5,600,000 (Purchase via spv & Buyer's Fee Applies)
Gross Yield: 7.04%
Gross Annual Income: £394,500 P/A

Property Overview
A predominantly two-storey, masonry-built property with a striking Cotswold stone façade, comprising:
Three Retail Units (modern fit-out):
Unit 1 (Nos. 21-23): Two-storey with stairs and lift access
Unit 2 (No. 25) & Unit 3 (No. 27): Ground floor only
Rear service yard access via Langdale Gate

10 Residential Flats:
Located at the first-floor level
All let subject to contracts
Total Site Area: 0.40 acres

Location
Situated in the heart of Witney town centre, occupying a prime position on Market Square, adjacent to the Woolgate Shopping Centre.
Just off the A40, approx. 12 miles west of Oxford
Popular and expanding market town
Established commercial location with strong tenant demand

Income Breakdown
Commercial Income: £202,500 per annum
Residential Income (Fully Let): £192,000 per annum
Total Gross Income: £394,500 per annum

Investment Highlights
Attractive Cotswold stone façade in a high-footfall retail area
Fully income-generating mixed-use scheme
Strong retail and residential tenant profile
Potential for long-term capital growth in a thriving market town
Purchase via spv structure

More information

Listed by

Property descriptions and related information displayed on this page are marketing materials provided by - Residenza Properties Tooting Ltd. 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 Residenza Properties Tooting Ltd for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Oxfordshire
  4. Witney
  5. Market Square