A limited company for sale comprising a mixed-use portfolio of eight commercial, residential and mixed-use properties in Oxford, Abingdon and Kidlington with a total rental income of £223,740 per annum.
Commercial
6 Oxford Road, Kidlington – Commercial – Rent £24,000 pa
84 Walton Street, Jericho – Takeaway and upper parts – Rent £22,500 pa
103 Cowley Road, East Oxford – Restaurant – Rent £23,000 pa
150 Londong Road, Headington – Commerciaql – ££29,500 pa
Residential
7 St Helen’s Mill, Abingdon – 2 bed flat – £16,500 pa
12 St Helen’s Mill, Abingdon – 1 bed flat – £12,300 pa
1 Salegate Lane, Cowley – House arranged as 2 flats – £24,900 pa
84a Walton Street, Jericho – 2-3 bed house – £36,000 pa
103a, 103b & 103c Cowley Road -1 x bed flat, 2 x studio flats – £35,040 pa
Total income: £223,740 per annum
A Data Pack is available on request including copeis of tenancy agreements, EPCs, leases and additional photographs.
Sale of Heritage Properties (Oxford) Limited.
The purchaser will be required to buy the shares of the company.
Please note that most of the properties were acquired byt the company in the mid-1990s and if properties ar sold individually by the company in the future there is likley to be a tax liability.
We understand that the Stamp Duty payable on shares is currently 0.5%.
Purchasers must take their own accountants/tax advice in repect of the above.
Please note:
The sale of Heritage Properties (Oxford) Limited is subject to the existing tenancies.
Properties have not been surveyed and prospective buyers must rely on their own surveys, investigations and enquiries.
Properties built or renovated pre-1999 may contain asbestos in certain building materials e.g. Artex, vinyl floor tiles, artificial roof slates, sheet board and corrugated roofing, pipewoar and lagging/insulation. These are generally considered safe if left undisturbed but prospective buyers must rely on their own surveys and take their own advice.
Further information and viewings contact the joint agents:
Dan Onion at Thomas Merrifield
Tom Vecchione at Benedicts
