Freehold Premises with Accommodation in Oxfordshire For Sale

Detached property, main road trading position, residential, office and commercial area, OXFORDSHIRE

Price Offers / £550,000

Features

Empty Premises

FORECOURT WITH PARKING FOR 2 CARS

Currently an Empty premises which was previously trading as a funeral parlour but in our opinion there is tremendous potential to open as a retail or catering premises, subject to planning.

DOUBLE FRONTED PREMISES in the region of 540 ft².

Toilet with w.c. and wash hand basin.

Office

Accommodation

THE ACCOMMODATION with Gas Fired Central Heating, Double-glazed windows. The accommodation comprises:

Kitchen.
Lounge

First floor
3 Bedrooms (2 double, 1 Single).
Bathroom with bath, w.c. and wash hand basin.

Outside

Rear garden with brick built Workshop / Office (was the chaple of rest)

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a rent of £25,000 p.a. for the first 4 years.

Price

NIL PREMIUM ASKED FOR THE SECURE LEASE

OR THE VALUABLE FREEHOLD PROPERTY, £550,000
SUBSTANTIAL MORTGAGE TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 385,000 (freehold) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote