Located in a central town location the property offers three stories with five (currently 3x single and 1x double) commercial units on the ground floor, with five 3-bed duplex maisonettes on the first floor. The apartments have separate access via a walkway and stairwell accessed from the front. There is also rear access to the commercial units via St Peter’s Place with parking.
The commercial units have been successfully occupied by established businesses for many years. These let units (2 currently vacant) currently generate £13,520 pa in rental income whilst the apartments are currently let on AST’s generating £51,000 pa.
With potential further investment all of the apartments and units have the potential to generate significantly higher returns to bring the rental yields inline with current market rates.
The property totals c.626 sqm (6,738 sq ft) GIA and the Freehold site is 0.16 acres.
Energy Performance Certificate:
Certificates and reports available upon request.
Location, Location!
The historic market town of Wallingford is positioned on the banks of the River Thames equidistant between Oxford and Reading. The town dates back to medieval times with its own Castle ruins and a popular marketplace along with independent shops handy convenience stores lots of restaurants cafes and major chains including Waitrose and Lidl.
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Material Information
EPC Ratings for Commercial Units; B – C
EPC Ratings for Residential Units; E – F
Council Tax Bands for Residential Apartments; C
Broadband: According to checker.ofcom.org.uk; Standard, Superfast & Ultrafast services are available subject to which supplier.
Mobile Signal/Coverage: According to checker.ofcom.org.uk; Voice & Data Available across all providers.
We strongly advise you consult a Solicitor and or surveyor or carry out your own research on the information provided to ensure there have been no unexpected changes to the information above. We do not check the records on a daily basis therefore changes may occur through 3rd parties correcting errors or applications made by the owners or 3rd parties.
