TypeRetail Investments
OX12 14 Wallingford Street, Wantage
TenureFor sale
Specification
- Property type
- Property type Retail Investments
- Tenure
- Tenure For sale
Description
999 years from 6th March 2017 at a peppercorn ground rent. The tenanttts sublease Term of 15 years from 28th November 2016, at a passing rent of £14,000.00pa exclusive, full repairing and insuring liability, index-linked rent reviews at 5 yearly intervals (2021 was silent), no further tenanttts break options and held outside Part 2 of The Landlord & Tenant Act 1954.
Location
Wantage is located in southern Oxfordshire, approximately 15 miles south west of Oxford at the junction of the A338 and A417, approx. 6 miles west of the A34 Milton Interchange near Didcot. Along with nearby Grove the town is experiencing extensive housing and population growth, which is set to continue for a number of years to come. The restaurant fronts onto busy Wallingford Street on the east side of the town centre where Wallingford Street is the sole route in and out of the town on that side. The premises are on the south side of the street, in the designated primary shop frontage and conservation areas, opposite a large Waitrose store. The restaurant presently has no direct competition on this side of the town.
