228-240 Banbury Rd | Oxford OX2 7HN
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228-240 Banbury Rd
Oxford OX2 7HN
Retail Property For Sale
Investment Highlights
- The property is situated in a prime position in Summertown, a highly affluent suburb of Oxford, approximately 1.8 miles north of the city centre.
- Potential for conversion to valuable alternative uses
- The extensive upper floors have been managed towards vacant possession, providing the purchaser with the optionality of refurbishment
Executive Summary
We are instructed to seek offers in excess of £5,100,000 (Five Million, One Hundred Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level would reflect the following, after the deduction of standard purchaser’s costs:
7.00 NIY
Upper floors (NIA) £150.00 psf
7.00 NIY
Upper floors (NIA) £150.00 psf
PROPERTY FACTS Sale Pending
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Office
Building Size
17,675 SF
Building Class
B
Year Built
1956
Price
$6,303,300
Price Per SF
$357
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
1.04
Lot Size
0.39 AC
Frontage
138 FT on Banbury Rd
Amenities
- Bus Line
- Dedicated Turn Lane
- Air Conditioning
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