Offers over
£500,000
(£408.37/sq. ft)
Retail premises for sale69 London Road, Headington, Oxford OX3
1,224 sq. ft
Just added
Freehold
About this property
Ground Floor Commercial Space
Two bed apartment on upper floors
Currently let in its entirety to Dignity Funeral Directors
Large car park to rear
Development potenital to rear (subject to planning)
Asset management opportunities at lease expiry
Prime location in central Headington
Description
The total site comprises approximately 0.1 acres and consists of an attractive 3 storey building, which was originally a detached residence. The property now has consented retail use on the ground floor (approx 586.6 sq ft/ 55 sq m NIA) and residential use on the two upper floors (approx. 637.77 sq ft/ 59.25 sq m gia. The property was constructed in c.1924 and benefits from a large concrete car park to the rear (approx. 16.76m deep) which may have development potential subject to planning and subject to the existing tenancy agreement. The property is occupied in its entirety by a lease to Dignity Funerals Limited.
There is an area of land behind the car park which provides full rights of access to 2A and 2B Osler Road and rear access to 71 London Road.
Location
The property occupies a prominent position on the corner of London Road and Osler Road, in the central retail area of Headington, which lies approximately 1.9 miles East of Oxford city centre. Headington is a major suburb of Oxford with a population of approximately 7,115 people (2021 census). In addition to the mix of independent and national brands, Headington also benefits from a Waitrose supermarket and Bury Knowle Park.
The property is situated approximately 850m from Oxford Brookes University, 0.4 miles from The Manor Hospital and 0.6 miles from the John Radcliffe Hospital, in the heart of Oxford's Hospital Cluster.
Viewings
Viewings are available by prior appointment only with the sole selling agents.
Terms
The freehold interest in the property is available to purchase. The land registry title number is ON22568
Specifications
We understand that mains water, gas and electricity are all connected to the property. The property has central heating supplied by a gas-fired boiler.
The property appears on the Oxford Heritage Asset Register, having been designed by the well known local architect Thomas Rayson who also designed the Oxford War Memorial.
Lease Information
The property is currently let in its entirety to Dignity Funerals Limited on the following terms:
Demise: 69 London Road
Term: 25 years from 20th December 2001 (Expiring 19th December 2026)
Starting Rent: £24,000 per annum
Rent Reviews: 3 yearly to open market rent- None exercised
Security of Tenure: Inside the Landlord and Tenant Act 1954
The total site comprises approximately 0.1 acres and consists of an attractive 3 storey building, which was originally a detached residence. The property now has consented retail use on the ground floor (approx 586.6 sq ft/ 55 sq m NIA) and residential use on the two upper floors (approx. 637.77 sq ft/ 59.25 sq m gia. The property was constructed in c.1924 and benefits from a large concrete car park to the rear (approx. 16.76m deep) which may have development potential subject to planning and subject to the existing tenancy agreement. The property is occupied in its entirety by a lease to Dignity Funerals Limited.
There is an area of land behind the car park which provides full rights of access to 2A and 2B Osler Road and rear access to 71 London Road.
Location
The property occupies a prominent position on the corner of London Road and Osler Road, in the central retail area of Headington, which lies approximately 1.9 miles East of Oxford city centre. Headington is a major suburb of Oxford with a population of approximately 7,115 people (2021 census). In addition to the mix of independent and national brands, Headington also benefits from a Waitrose supermarket and Bury Knowle Park.
The property is situated approximately 850m from Oxford Brookes University, 0.4 miles from The Manor Hospital and 0.6 miles from the John Radcliffe Hospital, in the heart of Oxford's Hospital Cluster.
Viewings
Viewings are available by prior appointment only with the sole selling agents.
Terms
The freehold interest in the property is available to purchase. The land registry title number is ON22568
Specifications
We understand that mains water, gas and electricity are all connected to the property. The property has central heating supplied by a gas-fired boiler.
The property appears on the Oxford Heritage Asset Register, having been designed by the well known local architect Thomas Rayson who also designed the Oxford War Memorial.
Lease Information
The property is currently let in its entirety to Dignity Funerals Limited on the following terms:
Demise: 69 London Road
Term: 25 years from 20th December 2001 (Expiring 19th December 2026)
Starting Rent: £24,000 per annum
Rent Reviews: 3 yearly to open market rent- None exercised
Security of Tenure: Inside the Landlord and Tenant Act 1954
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£2,501 per month
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