£495,000
(£67.81/sq. ft)
Industrial for saleUnits 5-10, West End Industrial Estate, Witney OX28
7,300 sq. ft
Freehold
About this property
Current rent roll of £37,320pa
Ability to increase returns through letting of Unit 5
Historically low vacancy rates
Fully let with one owner occupied unit
Established commercial location
Situated in the heart of Witney town centre
Rare freehold opportunity
Description
The property is of masonry construction under a part flat, part pitched felt roof. Internally the property is arranged to provide seven lock up units with concrete flooring, bare walls and exposed ceilings with surface mounted lighting. Each unit benefits from a roller shutter door to the front elevation with the exception of Unit 5 which has a sliding loading door.
All units benefit from a WC with the exception of Unit 5.
There is an opportunity to increase returns and create new rental evidence through the letting of Unit 5 which is owner occupied, but will be vacated upon completion.
We understand the property is prone to flooding although flood defences have been installed around the estate. The most recent flooding event took place in November 2024.
Location
Strategically located on the A40 approximately 12 miles west of Oxford, Witney is an attractive market town, offering good communications on both a local and national level. Witney has become an established commercial location and is expected to undergo further expansion over the coming years.
Within Witney itself, the subject premises are situated in the heart of the town between West End and Bridge Street. The property is accessed from West End.
Terms
The freehold interest is available for sale. Full tenancy details can be provided on request.
The property is of masonry construction under a part flat, part pitched felt roof. Internally the property is arranged to provide seven lock up units with concrete flooring, bare walls and exposed ceilings with surface mounted lighting. Each unit benefits from a roller shutter door to the front elevation with the exception of Unit 5 which has a sliding loading door.
All units benefit from a WC with the exception of Unit 5.
There is an opportunity to increase returns and create new rental evidence through the letting of Unit 5 which is owner occupied, but will be vacated upon completion.
We understand the property is prone to flooding although flood defences have been installed around the estate. The most recent flooding event took place in November 2024.
Location
Strategically located on the A40 approximately 12 miles west of Oxford, Witney is an attractive market town, offering good communications on both a local and national level. Witney has become an established commercial location and is expected to undergo further expansion over the coming years.
Within Witney itself, the subject premises are situated in the heart of the town between West End and Bridge Street. The property is accessed from West End.
Terms
The freehold interest is available for sale. Full tenancy details can be provided on request.
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Monthly repayment
£2,476 per month
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