SOLD

TypeRetail Investments

OX12 22 - 32a Mill Street, Wantage

TenureFor sale

22 - 32a Mill Street, Wantage, OX12 1/1

Specification

Property type
Property type Retail Investments
Tenure
Tenure For sale

Description

22, Mill Street - passing rent of £7,500pa exclusive for a term of 5 years from December 2019. 24, Mill Street - vacant and on offer at £6,600pa exclusive (previously let at £6,000pa excl.). 26-28, Mill Street - passing rent of £13,000pa exclusive, recently renewed for a term of 20 years. 30, 30a & 32 Mill Street - same reversion date of 31/08/2082 all presently paying a ground rent of £200pa each until 2035 when increases to £350pa and then until 2058 when increases to £550pa. 32a Mill Street - reversion date of 2172 at no ground rent (i.e. a lease extension has previously been negotiated).

Location

Historic Wantage, a formally designated and rapidly growing eeMarket Townnn in planning policy terms, in affluent southern Oxfordshire lying approximately 15 miles southwest of Oxford and approx. 8 miles west of Didcot at the junction of the A338 and A417. The properties are on the north side of busy Mill Street, which is the sole route in and out of the town centre shopping area on the western side.

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