FREEHOLD INVESTMENT OPPORTUNITY

45 CORN STREET, WITNEY OXFORDSHIRE, OX28 6BT

WE LOVE DEVELOPMENT

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45 CORN STREET, WITNEY, OXFORDSHIRE. OX28 6BTFREEHOLD INVESTMENT OPPORTUNITY

DESCRIPTION:We are instructed by the current freeholder to seek offers in the region of £425,000 for this investment opportunity. Currently comprising of a ground floor shop with office a nd s torage r ooms, a s well as a spacious residential apartment across the first and second floors.

Planning has been granted to create an additional one bedroom ground floor apartment to the rear. In addition planning has been granted to extend the shop to the rear and add a new bedroom/living room to the flat.

The property is available with both residential and commercial tenants in situ or with vacant possession on completion.

TENUREFreehold with vacant possession on completion.

Please contact the agent for the current rent of each unit.

METHOD OF SALEUnconditional offers are invited for the freehold interest.

Please state any conditions attached to the offer and the proposed timeframe for exchange of contracts and completion.

DESIGN AND ACCESS STATEMENT (EXTRACT)The shop comprises two reception rooms occupying the full width of the building, and several sheds and stores being outrigger extensions reaching to the back of the plot.

The upper floors are given over to a one bed apartment, or maisonette, accessed by the rear steel stairs and served by a terrace. A pent roof covers a storage area by the doorway into the flat.

The rear utility spaces are underused as storage and not necessary to the business; no vehicles are run from the premises. Note that the only accessible areas for those with mobility disabilities are the ground floor front shop premises.

The whole site has potential for greater usefulness. The scheme is as follows: The commercial shop area will continue to be wheelchair accessible. Access to the residential area will continue to be from the rear gate to the site and on up the (modified) external staircase.The rear garage/storage area will become a one bedroom unit with space for bicycles and bins storage created in a central courtyard area.

Kerbside inspections are welcome at all reasonable times.

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RENT:Cartridge UK would occupy a smaller area as shown and would offer £1,000 PCM. The current residential tenant pays £650PCM as the agreement is agent free. This would increase this closer to OMV to £750PCM.

VIEWINGSPlease make an appointment to view through the agent. Kerbside inspections are welcome at all reasonable times.

LOCAL AUTHORITYWest Oxfordshire District Council Elmfield, New Yatt Road Witney, Oxfordshire OX28 1PB

Switchboard 01993 861000

THE AGENT

Timothy J May FNAEA Breckon & Breckon 21 Corn Street Witney OX28 6DB

T: 01993 776775 M: 07751 200621 E: tim.may@breckon.co.uk

45 CORN STREET, WITNEY, OXFORDSHIRE. OX28 6BT

IMPORTANT NOTICE: IMPORTANT NOTICE: These particulars are for information purposes only and do no in whole or in part constitute or form part of any offer or contract, no should any statement obtained herein be relied upon as a statement or representation of fact. Breckon & Breckon do no test whether the services connected to the property, heating systems and domestic appliances are in working order. We therefore recommend that the purchaser obtains verification from their surveyor or solicitor. Whilst every attempt has been made to ensure the accuracy of the plans contained here, measurements of doors, windows and rooms are approximate and no responsibility is taken for any error, omission or mis-statement. These plans are for representation purposes only as defined by the RICS code of measuring practice and should be used as such by any possible purchaser.

• Existing commercial / residential freehold property

• Consent to upgrade existing apartment and also form an additional apartment to the rear (ref 19/02849/LBC)

• Located in a residential area towards the centre of this vibrant market town

• Available with tenants in situ or with vacant possession

• Woodstock 10 miles, Burford 8 miles Oxford High Street 14 miles

• Hanborough train station 6.6 miles

• Offers invited for the freehold interest